Gold prices dropped 50 baht to 20,050.00 baht per baht-weight in Bangkok on Wednesday.
The Gold Traders Association announced the buying price at 19,950.00 baht and the selling price at 20,050.00 baht per baht-weight for bullion.
For ornaments, the buying and selling prices were 19,586.72 baht and 20,550.00 baht per baht-weight respectively.
On Tuesday the buying and selling prices closed at 20,000.00 baht and 20,100.00 baht per baht-weight for gold bar and 19,647.36 baht and 20,600.00 baht per baht-weight for gold ornaments.
The prices were adjusted twice on Tuesday.
