Thai Baht Gold jewellery is famous around the world for it’s extremely high 23ct purity (95.8%).
A Baht is a unit of measurement in Thailand, whereby 1 Baht is equivalent to 15.244g as bullion or 15.16g when sold as jewellery.
Every gold dealer / gold shop in Thailand uses the gold price as set by the Thai Gold Traders Association. This Thai Gold price does not fluctuate very often like the twice daily London Gold Fixing or the world spot price. Instead, it changes much less frequently as it changes in multiples of 50 Baht.
Thai Baht Gold Jewellery
Thai Baht Jewellery is typically purchased in Bahts, so you will quite often find that an item of jewellery weighs exactly 1, 2, 3, 4 or more Bahts. It is rare to get decimal denominations of these weights, however occasionally, some pieces are sold in Salungs.
One Salung weighs exactly 0.25 Bahts.
If you are looking to sell your Thai Baht Jewellery, feel free to give us a call and we will be more than happy to assist you in valuing your Thai Baht Gold.