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Today's Gold Price and Gold Rates (July 2)…Will International Gold Hold the $4,000 per Ounce Level?

On July 2, 2026, according to the Korea Gold Exchange, prices of major precious metals rose across the board, showing a strong upward trend. ■ Pure Gold (24K·3.

Oseong Kwon
Staff Reporter
3 min read
Today's Gold Price and Gold Rates (July 2)…Will International Gold Hold the $4,000 per Ounce Level?
CBC News

On July 2, 2026, according to the Korea Gold Exchange, prices of major precious metals rose across the board, showing a strong upward trend.

■ Pure Gold (24K·3.75g): Buy at 886,000 won, Sell at 734,000 won

The buying price rose by 17,000 won (1.92%) compared to the previous trading day, and the selling price also increased by 8,000 won (1.09%).

■ 18K Gold Selling Price: 539,500 won / 14K Gold Selling Price: 418,400 won

18K rose by 5,800 won (1.08%) and 14K rose by 4,500 won (1.08%), respectively, compared to the previous trading day.

■ Platinum (3.75g): Buy at 344,000 won, Sell at 279,000 won

The buying price rose by 9,000 won (2.62%) compared to the previous trading day, and the selling price increased by 7,000 won (2.51%).

■ International Gold Price Trends

As of now, the international gold price based on the GC New York Mercantile Exchange is around $4,052 per ounce. The market is closely watching whether it can defend the $4,000 level.

Gold is one of the oldest stores of value in human history, maintaining its status from ancient civilizations to modern financial markets as a medium for currency, trade, and foreign reserve assets.

Recently, in the global market, gold has been重新 reaffirmed as a representative safe-haven asset due to geopolitical uncertainty, concerns over economic slowdown, and increased gold purchases by central banks worldwide. However, it has not shown a significant upward trend as of late.

Amid expanding volatility in U.S. stock markets and elsewhere, attention is focused on the future direction of gold prices.

[※ This article is not intended to solicit investment. The final judgment and responsibility for all investments lie with the investor.]

Oseong Kwon
Staff Reporter

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