Thailand Gold Premium — How Much Does the Association Rate Differ from World Gold Right Now?
Unlike Thailand, where the Gold Traders Association manages prices, the Vietnam Gold Premium tends to carry a premium because of SJC-centered supply and gold import controls, and the India Gold Premium because of import duty and GST.
Association Rate vs World Gold — Detailed Comparison
| Gold Traders Association RateBased on baht-weight (15.244g) | 62,700 ฿ |
| World Gold (Converted)XAU/USD converted to baht-weight | 64,777 ฿ |
| Premium(Association rate − World converted) ÷ World converted | -3.21% |
| World Gold (Spot)XAU/USD | $3,914.94/oz |
| USD/THB Rate | 34 THB/USD |
Association Rate · World Gold · Premium Over Time
Last 7 Days
| Date | Association Rate | World Price (Converted) | Premium |
|---|---|---|---|
| 2026-11-02 | 62,700 ฿ | 64,777 ฿ | -3.21% |
| 2026-10-30 | 63,800 ฿ | 65,987 ฿ | -3.31% |
| 2026-10-29 | 64,500 ฿ | 66,521 ฿ | -3.04% |
| 2026-10-28 | 64,700 ฿ | 66,805 ฿ | -3.15% |
| 2026-10-27 | 64,100 ฿ | 66,265 ฿ | -3.27% |
| 2026-10-26 | 64,200 ฿ | 66,391 ฿ | -3.30% |
| 2026-10-23 | 64,300 ฿ | 66,409 ฿ | -3.18% |
Based on the latest 30 daily readings, the premium averaged -3.26%, with a high of -3.04% and a low of -3.42%.
How to Read the Premium
The premium shows, in %, how much higher the local gold price is than the international gold price (XAU/USD converted into the local currency and unit). It is calculated as (local price − international converted price) ÷ international converted price. Positive means local gold is more expensive; negative means cheaper.
This page labels the premium as cheaper than the international price below 0%, similar from 0% to 1.5%, moderate from 1.5% to 3%, and high at 3% or more. In Thailand the gold traders association announces the price, so the premium tends to stay small.
Figures in the table are daily reference values and can differ from intraday prices. For information only, not investment advice.
Frequently Asked Questions
Why is Thailand's gold price closer to the world price than other countries?
The Thai Gold Traders Association manages and publishes prices daily to keep them from diverging too much from world gold. So unlike Vietnam or India, premiums stay small, and sometimes even trade slightly below the world price (negative premium).
Is baht a currency unit or a gold weight unit?
Both! Thailand's currency unit is also called baht, and the gold weight unit (15.244g) is also called baht — same name, easy to confuse. This page calculates precisely on the gold-weight-baht basis.
What is the Thai Gold Traders Association?
Founded in 1983, it's Thailand's representative gold industry body, publishing domestic gold rates daily by reflecting world gold prices and exchange rates. Most Thai gold shops trade based on this association's published rate.
