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What Is The Price Of 1 Baht Thai Gold Today


dmax

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http://www.ranthong.com/

sunbelt asia put this formulat in the post

http://www.thaivisa.com/forum/Advantage-Se....html&st=25

post 36

As an example (09/02/2009)

= USA Gold price x (15.244/31.1035) x (0.965/0.995) x (THB/USD)

Note:

1 troy ounce = 31.1035 grams

1 Thai gold Baht Bar = 15.244 grams

USA gold price is based on 0.995 gold

Thai gold is 0.965 gold

As an example (09/02/2009)

905.30 x (15.244/31.1035) x (0.965/0.995) x 34.89 = 15,013.68 Baht

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