According to Geum-sese.com on July 11, 2026, the domestic selling price of pure gold fell by 4,000 won compared to the previous trading day. Meanwhile, platinum and silver both rose.

• ■ Major Precious Metal Prices on July 11 (per 3.75g)
• Pure Gold: Buy 865,000 won (down 4,000 won) / Sell 743,000 won (unchanged)
• 18K: Sell 548,000 won (unchanged)
• 14K: Sell 425,000 won (unchanged)
• Platinum: Buy 338,000 won (up 2,000 won) / Sell 282,000 won (up 2,000 won)
• Silver: Buy 11,750 won (up 100 won) / Sell 11,150 won (up 100 won)

■ Hormuz Strait Tensions Draw Attention for Impact on Gold Prices Attention is focused on the impact geopolitical risks may have on the direction of gold prices. The Wall Street Journal (WSJ) reported on the 9th (local time) that a conflict over the interpretation of Clause 5 of the U.S.–Iran ceasefire Memorandum of Understanding (MOU) has emerged as a factor contributing to tensions in the Strait of Hormuz.

The clause stipulates that Iran will take necessary measures to resume transit through the strait, which was blockaded during the war, and cooperate in removing military obstacles such as naval mines. The United States views this as the basis for ensuring free and safe navigation, while Iran claims it constitutes recognition of its exclusive administrative authority.

According to mediators, both sides agreed to use ambiguous language in order to prioritize reaching an agreement. However, since the agreement, Iran's Islamic Revolutionary Guard Corps (IRGC) has been citing it to assert effective control over the strait.

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