June 20 Gold Price Falls 1.72% from Previous Day… Market on Edge Over Gold Direction Amid U.S.-Iran Follow-up Talks in Switzerland
As of June 20 (Korean time), the international gold price on the New York Commodities Exchange (COMEX) stood at $4,172.90 per ounce, down 1.72% from the previou

As of June 20 (Korean time), the international gold price on the New York Commodities Exchange (COMEX) stood at $4,172.90 per ounce, down 1.72% from the previous day.
Looking at domestic gold prices on the same day, the Korea Gold Exchange listed the purchase price for 3.75g at 898,000 won and the selling price at 751,000 won. On Goldprice.com, the purchase price for 3.75g was 892,000 won, with a selling price of 765,000 won.
Meanwhile, international geopolitical factors are also drawing market attention. According to foreign media reports, the United States and Iran began negotiations on June 21 (local time) in Bürgenstock, Switzerland, for the follow-up implementation of a ceasefire memorandum of understanding (MOU). The U.S. side was represented by a delegation led by Vice President JD Vance, while the Iranian side was led by Parliament Speaker Mohammad Bagher Ghalibaf, with Pakistan and Qatar reportedly serving as mediators.
The market is closely watching how the outcome of these negotiations will impact the future sentiment toward safe-haven assets and the trajectory of gold prices.
[※ Investment decisions are the responsibility of the investor, and the information contained in this article may change depending on market conditions.]
CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.

