Gold prices dropped 50 baht to 19,850.00 baht per baht-weight in Bangkok on Monday.
The Gold Traders Association announced the buying price at 19,750.00 baht and the selling price at 19,850.00 baht per baht-weight for bullion.
For ornaments, the buying and selling prices were 19,389.64 baht and 20,350.00 baht per baht-weight respectively.
On Saturday the buying and selling prices closed at 19,800.00 baht and 19,900.00 baht per baht-weight for gold bar and 19,450.28 baht and 20,400.00 baht per baht-weight for gold ornaments.
The prices were adjusted once on Saturday, down 150 baht from the previous day.