[July 9, 2026 Precious Metals Price Summary]

According to Geumsese.com, the domestic prices for major precious metals as of July 9 are as follows:

• Pure Gold (3.75g): Buy 869,000 won (up 2,000 won from the previous trading day) / Sell 743,000 won (down 2,000 won)
• 18K Gold (3.75g): Sell 548,000 won (down 1,000 won)
• 14K Gold (3.75g): Sell 425,000 won (down 1,000 won)
• Platinum (3.75g): Buy 336,000 won / Sell 280,000 won (both down 2,000 won)
• Silver (3.75g): Buy 11,650 won / Sell 11,050 won (both down 200 won)

[Key Factor Shaping Gold Prices: Resurgence of U.S.–Iran Tensions]

Gold is a representative physical asset that has been used as a currency and store of value for thousands of years. In modern financial markets, it is widely regarded as the safe-haven asset investors turn to first whenever wars, conflicts, financial crises, recessions, or inflation concerns intensify. The recurring pattern of increased gold demand whenever conflicts between nations deepen or financial market volatility expands stems from this historical background.

In the market recently, the resurgence of tensions between the United States and Iran is cited as a significant variable for the gold market. As the Middle East is a critical region for the global energy supply chain, there are concerns that an escalation in military tensions could lead to rising international oil prices and inflationary anxiety.

However, the impact of heightened inflation concerns on gold prices is two-sided. When inflation worries grow, the investment appeal of gold—a physical asset—may diminish. This is because gold generally does not pay interest, meaning the higher interest rates rise, the lower its relative investment attractiveness becomes; additionally, a strong U.S. dollar is also frequently cited as a factor that limits increases in international gold prices.

[※ This article is provided as reference material for investment decisions, and the ultimate responsibility for any investment lies with the investor.]