Although Thai gold prices slightly declined on New Year's Day, after the U.S. arrested Venezuela's president on 3 January 2026, citing involvement in a transnational drug network, many have questioned whether this was partly motivated by the U.S. seeking control over Venezuela's oil resources.
This unexpected event caused global gold prices (Gold Spot) to surge sharply near $4,500 per ounce. As of 14:22 on 6 January 2026, global gold stood at $4,462 per ounce, while Thai gold bars sold for about 65,850 baht per baht-weight of gold.
Since late last year, many analyses from global financial institutions including JP Morgan have predicted Gold Spot could reach $5,000 per ounce by the end of this year. Thai gold prices also have the potential to rise, although the strengthening baht may limit gains.
. MTS Gold (Mae Thong Suk Gold Shop) still views the technical trend of gold prices as upward. After seeing a third test of the key support level at $4,320 per ounce by the end of 2025, they consider the $4,300 per ounce level as a main support, encouraging investors to accumulate gradually.
In the short term, they see global gold support between $4,420 and $4,400 per ounce, with resistance at $4,480 to $4,500 per ounce.
Thai gold prices briefly surged to about 66,000 baht per baht-weight. In the short term, support is estimated at 65,200 baht and resistance at 66,200 baht. Investors are advised to wait for price dips before buying.
. Hua Seng Heng Group sets gold support levels at 65,400 and 65,100 baht, with resistance at 65,950 and 66,200 baht. Technically, they recommend selling gradually near the resistance at 65,950 baht and buying near support at 65,400 baht. If prices fall below 65,100 baht, a stop-loss sale is advised.
However, it remains crucial to monitor geopolitical tensions and risks, such as the U.S.'s next moves and potential additional operations (with concerns about Colombia). These factors could impact gold prices, along with U.S. economic indicators like the December 2025 ISM manufacturing PMI and non-farm payrolls. Thailand should also watch the baht's strength.
With gold prices having surged over 60%, anyone speculating in gold should consider all angles. Thairath Money offers the following advice for buying and selling gold in 2026.
Clear Stop Loss: Before speculating on gold, plan your target profit and decide the price point at which you will cut losses, instead of waiting for prices to fall drastically. This allows you to seek new opportunities to buy and profit again.
Buy in Installments (DCA): Whether speculating short-term or holding long-term, avoid investing a lump sum now. Divide your funds into 3-5 parts and buy gradually when prices dip to support levels or when you judge prices are low.
Consider the Overall Portfolio: Theoretically, gold should comprise no more than 10-15% of your total investment portfolio to diversify risk. If you trade gold as your main asset, adjust your portfolio according to your risk tolerance.
Stay Informed: Technical traders may need to follow hourly or daily updates, but long-term holders should consider broader factors and continuously follow global gold news to adjust portfolios or buy and sell according to their financial plans.
Whatever your gold investment goals, staying informed about news and asset prices to adjust your personal financial plans remains essential.
Read personal finance news and planning with Thairath Money to help you "Achieve Good Financial Health and a Better Life".https://www.thairath.co.th/money/personal_finance
Follow the Facebook page: Thairath Money at this linkhttps://www.facebook.com/ThairathMoney