Thai Gold Price Indicator Brings Global Markets to Local Traders

Thai gold traders now have an easier way to compare global and local gold prices thanks to a new open-source script on TradingView. The 'Cat Yolo - Thai Gold 96.5% Price' indicator converts XAUUSD prices into their equivalent in Thai baht, using real physical constants to ensure accuracy.

The indicator uses the following conversion formula: Thai gold (THB) = XAUUSD × 0.47292 × USD/THB + calibration premium. This allows traders to view the current price of Thai gold on their XAUUSD chart without having to switch to a different website.

The script also includes a dynamic price grid that re-centers as prices move, and labels each level with its THB equivalent. A summary table provides additional information, including Sell/Buy/Spot/XAUUSD/USD-THB + daily % change.