Gold prices dropped 150 baht to 19,700.00 baht per baht-weight in Bangkok on Wednesday.
The Gold Traders Association announced the buying price at 19,600.00 baht and the selling price at 19,700.00 baht per baht-weight for bullion.
For ornaments, the buying and selling prices were 19,253.20 baht and 20,200.00 baht per baht-weight respectively.
On Tuesday the buying and selling prices closed at 19,750.00 baht and 19,850.00 baht per baht-weight for gold bars and 19,389.64 baht and 20,350.00 baht per baht-weight for gold ornaments.
The prices were adjusted once on Tuesday, down 50 baht from the previous day.