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July 4 Gold Prices and Trends Today: International Gold Up 1.49%, Key Economic Indicators to Determine Market Direction

As of July 4, Korean time, the international gold price based on the GC New York Mercantile Exchange (COMEX) was trading at $4,187.30 per ounce. This represents

Oseong Kwon
Staff Reporter
2 min read
July 4 Gold Prices and Trends Today: International Gold Up 1.49%, Key Economic Indicators to Determine Market Direction
CBC News

As of July 4, Korean time, the international gold price based on the GC New York Mercantile Exchange (COMEX) was trading at $4,187.30 per ounce. This represents a 1.49% increase from the previous day.

On the same day, pure gold prices (based on 3.75g) at major domestic gold exchanges were as follows:

• Korea Gold Exchange: Buy at 900,000 won / Sell at 752,000 won • GoldPrice.com: Buy at 894,000 won / Sell at 765,000 won

Meanwhile, the U.S. stock market was closed on July 3, local time, for Independence Day and is scheduled to resume trading on the 6th.

Recently, expectations for interest rate hikes have been weakening due to factors such as sluggish U.S. employment. Accordingly, upcoming major economic indicators are cited as key variables that will determine the direction of interest rates.

These macroeconomic indicators could have a significant impact not only on risk assets but also on safe-haven asset markets, drawing sustained attention from investors.

[※ 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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