Gold prices in Thailand increased by 50 baht this morning, according to announcements from the Gold Traders Association. The price adjustment, reported at 9:10 AM on Thursday, March 12, 2026, reflects a continued alignment with global gold market trends.
The association’s first announcement of the day detailed the following prices: gold ornaments are selling for 78,750 baht per baht-weight, while gold bars are being offered at 77,950 baht per baht-weight. The buying price for gold bars is 77,750 baht per baht-weight. These figures represent an increase from previous trading levels.
According to Siam News, the price increase was observed at the opening of the market. The Gold Spot price currently stands at $5,174.00, with the Thai baht trading at 31.84 baht per dollar. The exchange rate remains a significant factor influencing domestic gold prices.
PPTV HD 36 reported similar figures, confirming the 50 baht increase from the previous day’s closing prices. Gold bars are being bought back at 77,750.00 baht per baht-weight and sold at 77,950 baht per baht-weight.
GCAP GOLD has recommended accumulating gold as a hedge against rising energy prices and inflationary pressures that may compel the Federal Reserve to act. Analysts at the firm are anticipating the possibility of gold reaching 80,000 baht per baht-weight.
The price increase in Thailand follows a significant surge in COMEX gold futures, which rose by 138 dollars, reportedly driven by a decline in oil prices and investor concerns about inflation. EfinanceThai noted that investors appear to be reacting to anxieties surrounding potential inflationary pressures.
The Gold Traders Association website indicates ongoing monitoring of the market and provides access to price charts and related news. The association recently hosted a meeting with a Deputy Director-General of the Department of Internal Trade on February 13, 2026, to inspect gold shops during the festival season.
