Yaowarat district was very lively as the public and investors rushed to buy and sell gold following a sharp market opening drop of 1,550 baht. "Gold bar price today" Sells at 77,700.00 baht per baht weight, causing people to queue densely for transactions since early morning.
On 4 March 2026, reporters noted that gold trading in Yaowarat since early morning was unusually active after the gold price opened with a sharp drop of 1,550 baht, causing a stir among investors and the general public closely following gold price developments.
According to data from the Gold Traders Association, at 9:04 a.m., the gold price dropped by 1,550 baht, resulting in "gold bars" buying price at 77,500.00 baht per baht weight and selling price at 77,700.00 baht per baht weight. Meanwhile, the "gold ornaments" buying price was 75,951.60 baht and selling price was 78,500.00 baht per baht weight.
This led to gold shops along Yaowarat Road being filled with people continuously arriving to buy and sell gold, with some shops having customers queuing before opening hours.
When asked, local gold shop operators said that immediately after the announcement of the sharp price drop at market open, there was strong buy-on-dip demand from many small investors, especially those waiting for an opportunity to buy at a lower price. At the same time, some members of the public sold gold to lock in profits or because they sawan opportunityfor gold to rise further.
Overall, the atmosphere was lively, with both regular investors tracking prices daily and ordinary people deciding to buy and accumulate gold during the sharp price decline. Security staff at gold shops increased vigilance and facilitated queue management to prevent overcrowding.
A gold trader revealed that global gold price volatility, along with factors related to the baht exchange rate, were key reasons behind today's domestic price reduction. They expect continued price fluctuations throughout the day depending on international market conditions.
Operators advise the public to closely follow price announcements from the Gold Traders Association, as there may be multiple price adjustments up and down within the same day. They also caution investors to carefully assess risks before deciding to buy or sell amid such high volatility.