Listen to this articleDomestic gold prices could rise to 88,800 baht per baht-weight, eventually testing 100,000 baht, says MTS Gold. (Photo: Somchai Poomlard)MTS Gold Mae Thongsuk, one of Thailand's largest gold dealers, has maintained a bullish outlook for gold over the medium and long term. In highly volatile markets, leverage beyond two times significantly increases the risk of forced liquidation," said Kritcharat Hirunyasiri, chairman of MTS Gold. Spot gold prices surged above $5,000, reaching $5,080 by late yesterday morning, while domestic gold prices climbed past 75,000 baht per baht-weight. Following emergency consultations, the Gold Traders Association concluded that widening the price adjustment band was necessary to reflect abnormal market conditions.

Source: Bangkok Post February 05, 2026 01:35 UTC