The domestic gold price closed on July 23, 2026, down 400 baht per baht-weight from the morning opening price. The Gold Traders Association reported gold ornament selling price at 66,300 baht per baht-weight and buying price at 63,990.36 baht per baht-weight, while gold bar selling price was at 65,500 baht per baht-weight and buying price at 65,300 baht per baht-weight. The global gold price stood at 4,091 dollars per ounce. The decline was pressured by a stronger dollar and market expectations that the US Federal Reserve may raise interest rates in September, with the CME FedWatch Tool reflecting a probability of around 77 percent. Additionally, tensions in the Middle East and profit-taking after the global gold price hit a two-week high were further pressure factors.