Gold prices dropped 100 baht from yesterday's close, per the Gold Traders Association as of 09:00. Jewellery (รูปพรรณ) sells at 69,300 baht per baht weight and buys back at 66,931.40 baht, a gap of about 2,370 baht. Bars sell at 68,500 and buy back at 68,300. Spot gold is at US$4,350 per ounce. If you hold gold stock or take gold in trade, check your buy-back and resale prices before you transact. The spread on jewellery is wide, so buying and reselling it in the short term loses money.