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Today's Gold Price July 11... $4,113 Per Ounce, Down 0.65% From Previous Day — U.S.-Iran Geopolitical Risk as a Variable for Gold Prices

On July 11, Korean time, the international gold price on the GC New York Mercantile Exchange stood at $4,113.70 per ounce, down 0.65% from the previous day. On

Oseong Kwon
Staff Reporter
2 min read
Today's Gold Price July 11... $4,113 Per Ounce, Down 0.65% From Previous Day — U.S.-Iran Geopolitical Risk as a Variable for Gold Prices
CBC News

On July 11, Korean time, the international gold price on the GC New York Mercantile Exchange stood at $4,113.70 per ounce, down 0.65% from the previous day.

On the same day, domestic gold prices showed that at the Korea Gold Exchange, 3.75g of pure gold was traded at 871,000 won when buying and 730,000 won when selling. According to GoldPrice.com, the buying price was 865,000 won and the selling price was 743,000 won.

New Claims... The Variable in Global Financial Markets is 'U.S.-Iran Geopolitical Risk'

The geopolitical risk between the United States and Iran is being cited as a key variable in the trajectory of global financial markets. In response to U.S. airstrikes, Iran has launched a counterattack.

Iranian forces carried out attacks targeting U.S. military bases across the Middle East. Iranian state television reported, "Iran's regular army, together with the Islamic Revolutionary Guard Corps, launched airstrikes on U.S. military facilities in Jordan, Kuwait, and Bahrain."

Amid geopolitical uncertainty, attention remains focused on which direction gold prices will move.

[※ Investment decisions are the responsibility of the individual, and this article does not recommend buying or selling any specific asset.]

Oseong Kwon
Staff Reporter

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