THAI unit:M.Baht
7/31/2024 01:20am
The Thai unit of measurement for gold is the Baht, which is still used as a unit of measurement in gold trading. However, it is important to note that one Baht of 96.5% gold bullion is defined as 15.16 grams rather than the generic standard of 15 grams.
1. **As a Currency**: The Baht is also the name of the currency of Thailand, which was originally fixed to the corresponding mass of silver.
2. **In Gold Trading**: The Baht is used as a unit of measurement in gold trading, with one Baht of 96.5% gold bullion being 15.16 grams.
3. **In the Market**: The Baht is still used as a unit of measurement in gold trading, but its currency value is now expressed in grams rather than being linked to silver weight.