Understanding Thai Gold
Why Baht Weight?
Thai gold has historically been traded in Baht units, making it easier for local buyers to understand pricing. 1 Baht = 4 Salueng = 16 Fuang.
• 1 Baht = 15.22 grams
• 1 Baht = 0.489 Troy Ounces
• 10 Baht = 152.2 grams
Thai gold is 96.5% pure (965 fineness), which is different from the international karat system. This purity level is traditional in Thailand.
Not Karat System
Unlike Western countries that use 24k, 22k, 18k system, Thailand uses percentage purity. 96.5% is roughly equivalent to 23.16 karat gold.
• 96.5% = 965 parts per 1000
• Equivalent to ~23.16 karat
• Higher than 22k (91.7%)
• Lower than 24k (99.9%)
Established in 1952, Hua Seng Heng is one of Thailand's most trusted gold dealers, providing reliable price data for over 70 years.
Why This Matters
Using data from established dealers ensures accuracy and reliability. Hua Seng Heng's prices reflect real market conditions in Thailand.
• Founded: 1952 (70+ years)
• Location: Bangkok, Thailand
• Speciality: Thai gold trading
• Updates: Every 5 minutes during trading