[Today's Gold Price]

According to Gold Price Dot Com on June 5, the price of pure gold (3.75g) was recorded at 963,000 won for buying and 810,000 won for selling. Compared to the previous day, the buying price increased by 2,000 won, while the selling price showed no change.

The price trends for other precious metals and silver are as follows:

• 18K Gold: 597,000 won for selling (same as the previous day) • 14K Gold: 464,000 won for selling (same as the previous day) • Platinum: 399,000 won for buying, 332,000 won for selling (up 1,000 won each from the previous day) • Silver (3.75g): 14,950 won for buying, 13,350 won for selling (up 100 won each from the previous day)

[What are the key variables that will determine the direction of gold prices?]

In recent years, central banks around the world have been aggressively increasing their gold reserves. In particular, as movements to reduce dependence on the dollar coincided with strategies to diversify foreign exchange reserves, the scale of central bank gold purchases reached historic levels.

Geopolitical risks that will affect the trend of gold as a safe asset for the time being also still exist. Military tensions between the United States and Iran, along with the ongoing uncertainty surrounding Lebanon and Israel, continue. As geopolitical risks have not completely disappeared, the flow of safe assets must be continuously monitored.

Additionally, upcoming US employment indicators and major economic indicators are also cited as checkpoints that will determine the direction of gold prices.