Physical gold prices in Thailand surged by 2,050 baht on Thursday, with the selling price for pure gold reaching 68,100 baht per baht.
The sharp intraday move reflects sustained buying pressure across Asian markets, where local bullion values have been tracking higher amid renewed investor interest in precious metals.
Globally, gold settled at $4,053 per ounce last week, marking a 0.
The price jump in Bangkok aligns with a broader regional trend.
Earlier in the week, physical gold prices in Malaysia surged RM13.68 to reach RM529.86 per gramme, marking a significant increase from the previous day's close.
This regional momentum suggests that demand for physical gold is strengthening across Southeast Asia, driven by both local investment flows and global sentiment shifts.
Globally, gold settled at $4,053 per ounce last week, marking a 0.9% weekly gain.