Buying gold in Thailand — a guide for visitors
Everything to know before you buy or sell gold at a Thai gold shop · 3-minute read
Units at today's price
| Weight | Grams | We buy (approx.) | We sell (approx., before making fee) |
|---|---|---|---|
| 1 salung | 3.79 | — | — |
| 2 salung | 7.58 | — | — |
| 1 baht | 15.16 | — | — |
| 2 baht | 30.32 | — | — |
| 5 baht | 75.80 | — | — |
| 1 gram | 1.00 | — | — |
Based on the latest jewelry price · jewelry adds a making fee per piece · Announcement no. 2 · 09:00
1. What is 96.5% gold?
Almost all gold sold in Thai gold shops is 96.5% pure (about 23K). The Gold Traders Association announces the price several times a day.
2. Baht, salung and grams
Thai gold is weighed in "baht" · 1 baht = 4 salung · jewelry: 1 baht = 15.16 g · bars: 1 baht = 15.244 g
3. Making fee
Jewelry (chains, rings) adds a making fee on top of the gold price, with 7% VAT on the fee only · bars have no making fee
4. Get a warranty card and see it weighed
Every piece should be weighed in front of you, with a receipt and warranty card · our cards can be checked online on the Check warranty page
5. Selling back
Bring your passport or pink card (or Thai ID) · selling back uses that day's buy price, without the making fee