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Today's Gold Price Trends (June 29, 2026)... Pure Gold Holds Steady Amid Focus on 'U.S. Economy & Middle East Variables'

According to domestic precious metal prices announced by Gold Price.com on June 29, 2026, the price of pure gold (24K) maintained a steady trend. The buying pri

Oseong Kwon
Staff Reporter
3 min read
Today's Gold Price Trends (June 29, 2026)... Pure Gold Holds Steady Amid Focus on 'U.S. Economy & Middle East Variables'
CBC News

According to domestic precious metal prices announced by Gold Price.com on June 29, 2026, the price of pure gold (24K) maintained a steady trend. The buying price stood at 879,000 won per 3.75g (1 don), and the selling price at 745,000 won, remaining unchanged from the previous day. Prices for 18K and 14K also showed no movement, with selling prices holding at 549,000 won and 426,000 won, respectively.

On the same day, platinum showed an upward trend. The platinum buying price rose by 5,000 won from the previous day to 346,000 won, while the selling price also increased by 4,000 won to 289,000 won. Meanwhile, silver prices declined. The silver buying price fell slightly to 11,850 won (-100 won), and the selling price to 11,350 won (-100 won).

In the current gold market, the U.S. economy, along with Middle East variables, is cited as a key factor. Investors are closely watching the direction of the U.S. Federal Reserve's benchmark interest rate, the value of the dollar, and Treasury yield trends. Since gold is a non-yielding asset that does not offer interest, higher interest rates tend to reduce its investment appeal. Conversely, growing expectations of rate cuts or a weaker dollar could create a favorable environment for the gold market.

Experts advise that rather than relying on short-term price fluctuations, a comprehensive approach examining macroeconomic indicators such as U.S. inflation and employment data and Federal Reserve policy changes is necessary.

[※ This article is not intended to solicit investment. All final investment decisions and responsibilities lie with the investor.]

Oseong Kwon
Staff Reporter

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