Gold prices dropped 100 baht to 19,800.00 baht per baht-weight in Bangkok on Wednesday.
The Gold Traders Association announced the buying price at 19,700.00 baht and the selling price at 19,800.00 baht per baht-weight for bullion.
For ornaments, the buying and selling prices were 19,344.16 baht and 20,300.00 baht per baht-weight respectively.
On Tuesday the buying and selling prices closed at 19,800.00 baht and 19,900.00 baht per baht-weight for gold bars and 19,450.28 baht and 20,400.00 baht per baht-weight for gold ornaments.
The prices were adjusted twice on Tuesday, up 50 baht from the previous day.