Gold price tops $5,100 amid global chaosListen to this articleGold surged to a record high above $5,100 ‌an ounce yesterday, extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical uncertainty, particularly around the fates of Greenland and Iran. Locally, the price jumped by 1,700 baht per baht weight in morning trade, pushing gold bars to trade at 74,800 baht per baht weight. The global gold price has jumped by 17.9% so far this year, while the domestic price has soared by 15% amid the baht's volatility, she said. "The gold price seems to be highly corelated with the baht lately, with 10 satang of baht appreciation pushing the domestic gold price to rise 200 baht per baht weight," Ms Siriluck pointed out. K-Research expects the baht to trade at 30.85-31.10 baht to the dollar in the near term, factoring in the yen's appreciation, global gold prices, and uncertainties surrounding US import taxes, she added.

Source: Bangkok Post January 26, 2026 23:01 UTC