Gold bars were quoted at 71,400 baht per baht-weight for buying and 71,600 baht per baht-weight for selling.
Global gold, or Gold Spot, stood at 4,699 US dollars per ounce.
Three factors behind the rally
The sharp rise in domestic gold prices was driven mainly by three factors: a surge in global gold prices, volatility in the baht and renewed buying after a recent price correction.
Gold Spot climbed above 4,600 dollars per ounce after weaker-than-expected US economic data fuelled demand for the precious metal.
