Gold prices dropped 50 baht to 19,550.00 baht per baht-weight in Bangkok on Tuesday.
The Gold Traders Association announced the buying price at 19,450.00 baht and the selling price at 19,550.00 baht per baht-weight for bullion.
For ornaments, the buying and selling prices were 19,101.60 baht and 20,050.00 baht per baht-weight respectively.
On Monday the buying and selling prices closed at 19,500.00 baht and 19,600.00 baht per baht-weight for gold bars and 19,147.08 baht and 20,100.00 baht per baht-weight for gold ornaments.
The prices were adjusted twice on Monday, up 100 baht from the previous day.