Gold prices dropped 50 baht to 18,950.00 baht per baht-weight in Bangkok on Tuesday.
The Gold Traders Association announced the buying price at 18,850.00 baht and the selling price at 18,950.00 baht per baht-weight for bullion.
For ornaments, the buying and selling prices were 18,510.36 baht and 19,450.00 baht per baht-weight respectively.
On Monday the buying and selling prices closed at 18,950.00 baht and 19,050.00 baht per baht-weight for gold bars and 18,616.48 baht and 19,550.00 baht per baht-weight for gold ornaments.
The prices were adjusted three times on Monday, up 150 from the previous day.