Gold prices dropped 100 baht to 18,650.00 baht per baht-weight in Bangkok on Wednesday.
The Gold Traders Association announced the buying price at 18,550 baht and the selling price at 18,650.00 baht per baht-weight for bullion.
For ornaments, the buying and selling prices were 18,222.32 baht and 19,150.00 baht per baht-weight respectively.
On Tuesday the buying and selling prices closed at 18,650.00 baht and 18,750.00 baht per baht-weight for gold bars and 18,313.28 baht and 19,250.00 baht per baht-weight for gold ornaments.
The prices were adjusted three times on Tuesday, up 100 bant from the previous day.