Gold prices dropped 50 baht to 19,750.00 baht per baht-weight in Bangkok on Tuesday.
The Gold Traders Association announced the buying price at 19,650.00 baht and the selling price at 19,750.00 baht per baht-weight for bullion.
For ornaments, the buying and selling prices were 19,298.68 baht and 20,250.00 baht per baht-weight respectively.
On Monday the buying and selling prices closed at 19,700.00 baht and 19,800.00 baht per baht-weight for gold bars and 19,344.16 baht and 20,300.00 baht per baht-weight for gold ornaments.
The prices were adjusted twice on Monday, up 50 baht from the previous day.