ancharee Posted December 7, 2018 Share Posted December 7, 2018 Hi, I was in Buriram yesterday and while doing some shopping in Robinsons I thought I might sell some gold bars that I bought in patts about 5 or 6 years ago, I was a bit surprised by the amount of commission the gold shop was asking, I tried another shop but got the same answer, has anyone sold any recently and knows what the average charge would be per 1 baht of gold bar, Thanks. Link to comment Share on other sites More sharing options...
whiteman Posted December 7, 2018 Share Posted December 7, 2018 amazing Thailand Link to comment Share on other sites More sharing options...
ancharee Posted December 7, 2018 Author Share Posted December 7, 2018 4 minutes ago, whiteman said: amazing Thailand I should have put useful answers please Link to comment Share on other sites More sharing options...
whiteman Posted December 7, 2018 Share Posted December 7, 2018 yes you should have ???? Link to comment Share on other sites More sharing options...
ancharee Posted December 7, 2018 Author Share Posted December 7, 2018 1 minute ago, whiteman said: yes you should have ???? Why do you bother if you have nothing intelligent to say. Link to comment Share on other sites More sharing options...
whiteman Posted December 7, 2018 Share Posted December 7, 2018 it is not a bother to me thank you for your concern Link to comment Share on other sites More sharing options...
Kwasaki Posted December 7, 2018 Share Posted December 7, 2018 2 hours ago, ancharee said: I was a bit surprised by the amount of commission the gold shop was asking, I've sold gold bars but unless you say how much how can anyone compare. Link to comment Share on other sites More sharing options...
Vacuum Posted December 7, 2018 Share Posted December 7, 2018 2 hours ago, ancharee said: I was a bit surprised by the amount of commission the gold shop was asking What commission? They have the daily prices for buy/sell at the front door. It differs about 100baht per1baht of gold. If they want more, name and shame them ( written in thai and with photos of the shop) on Fb. Should get their attention. Link to comment Share on other sites More sharing options...
Kwasaki Posted December 7, 2018 Share Posted December 7, 2018 Just dug out my records usually gold is 100 baht per bht wg less when selling and there was a 200 baht commission charge per bht wg. Link to comment Share on other sites More sharing options...
sometimewoodworker Posted December 7, 2018 Share Posted December 7, 2018 3 hours ago, ancharee said: Hi, I was in Buriram yesterday and while doing some shopping in Robinsons I thought I might sell some gold bars that I bought in patts about 5 or 6 years ago, I was a bit surprised by the amount of commission the gold shop was asking, I tried another shop but got the same answer, has anyone sold any recently and knows what the average charge would be per 1 baht of gold bar, Thanks. They didn't ask for commission. just offered a lower than standard price for the gold as they didn't have a relationship with the shop that sold the gold originally. To get the standard price that is on the windows of every gold shop sell it back to the place you bought it or a shop that has an assosiation with them if you have 1 Baht bars you may have difficulties, otherwise you get the price in the windows, assuming no damage to the bars, so no charge. Link to comment Share on other sites More sharing options...
ancharee Posted December 7, 2018 Author Share Posted December 7, 2018 3 hours ago, Kwasaki said: I've sold gold bars but unless you say how much how can anyone compare. I have asked if you are selling gold bar how much does the shop take, the price in the window was 19,200 but that is not what the shop offered me so I assume they are taking a commission for buying the gold, but if it's more help to you I was selling 15 baht, so if you have sold gold bars before at that time I guess you checked the price online before going to a shop, so did you get the full price or did the shop take a cut. Link to comment Share on other sites More sharing options...
ancharee Posted December 7, 2018 Author Share Posted December 7, 2018 2 hours ago, sometimewoodworker said: They didn't ask for commission. just offered a lower than standard price for the gold as they didn't have a relationship with the shop that sold the gold originally. To get the standard price that is on the windows of every gold shop sell it back to the place you bought it or a shop that has an assosiation with them if you have 1 Baht bars you may have difficulties, otherwise you get the price in the windows, assuming no damage to the bars, so no charge. Thanks Link to comment Share on other sites More sharing options...
ancharee Posted December 7, 2018 Author Share Posted December 7, 2018 3 hours ago, Kwasaki said: Just dug out my records usually gold is 100 baht per bht wg less when selling and there was a 200 baht commission charge per bht wg. Cheers mate Link to comment Share on other sites More sharing options...
sometimewoodworker Posted December 7, 2018 Share Posted December 7, 2018 4 hours ago, ancharee said: I have asked if you are selling gold bar how much does the shop take, the price in the window was 19,200 but that is not what the shop offered me so I assume they are taking a commission for buying the gold, but if it's more help to you I was selling 15 baht, so if you have sold gold bars before at that time I guess you checked the price online before going to a shop, so did you get the full price or did the shop take a cut. Every time we sold gold we got the price in the window, they have 2 buying and selling, if you want to check check the price then https://www.thairath.co.th/home has it both jewellery and bars as well as petrol prices Link to comment Share on other sites More sharing options...
ancharee Posted December 7, 2018 Author Share Posted December 7, 2018 9 hours ago, sometimewoodworker said: Every time we sold gold we got the price in the window, they have 2 buying and selling, if you want to check check the price then https://www.thairath.co.th/home has it both jewellery and bars as well as petrol prices Thanks for the info Link to comment Share on other sites More sharing options...
tigerbeer Posted December 10, 2018 Share Posted December 10, 2018 its always best to go back to the original shop you bought it at. Or if its a chain of shops operating around the country. They should be paying it off you at buy back price without any commission. its always good to buy gold from the bigger dealers such as Ausiris, Aurora. They are very clear about their selling and buy back price. Standard commission you pay when you buy are as follow: THB250 for 1 gram, THB200 for 1 Saleang(0.25 Baht), THB200-THB200 for 2 Saleang(0.50 Baht), THB250-THB400 for 1 Baht (15.244grams). Difference between bullion buying and selling prices seem to remain at 100 baht margin. This are for gold bullion/bar which is standard from that shop. If there are special limited edition designs then more commission. But they always buy back at gold buy back price set by the Thai Gold Association which is linked to global gold prices. Jewelry sold at much higher commission and making charges and bought at lower prices compared to bullion prices. Link to comment Share on other sites More sharing options...
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