Gold Price in Thailand Today

In Thailand, "baht" is both the national currency and the standard gold-weight unit (1 baht-weight ≈ 15.2 grams) — a dual meaning that can confuse first-time buyers. The Gold Traders Association of Thailand sets a national reference price several times a day for 96.5%-pure gold (about 23K), the dominant purity for Thai jewellery — higher than the 18K/14K common in Western markets but below the 24K used for international bullion bars.

Thailand charges no import or export customs duty and no VAT on gold bullion itself, but imported gold jewellery carries a 7% VAT on its full declared value, a policy aimed at supporting domestic jewellery manufacturing. In practice, gold shops typically fold this cost into their quoted price rather than itemising it separately for a retail customer, consistent with this page's own baht-weight market notes on how Thai gold is quoted.

Look for accreditation from the Gold Traders Association of Thailand (GTA) when buying baht-weight gold in Thailand -- GTA-accredited retailers guarantee the traditional 96.5% (about 23K) domestic purity described in this page's market notes, distinct from the 24K standard used for international investment bars. Since March 1, 2026, the Bank of Thailand has also capped online baht-denominated gold transactions at 50 million baht per person per platform for individual buyers, under BOT Notification No. 37 -- relevant if buying through an online gold platform rather than a physical shop.

Gold bullion carries no import duty, export duty, or VAT in Thailand. Imported gold jewellery, by contrast, is subject to a 7% VAT on its declared value, intended to support the domestic jewellery-manufacturing sector; gold shops commonly absorb this into the shelf price rather than showing it as a separate line item. This tax treatment applies specifically to imported jewellery -- domestically produced Thai jewellery is priced under the country's ordinary retail tax framework.