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Gold Prices Decline Across the Board... Focus Shifts to U.S. CPI 3.5% Release and Escalating Iran Tensions

As of July 14, 2026, according to domestic gold prices from Gold Price.com, major precious metal prices showed an overall downward trend. All items, including p

Oseong Kwon
Staff Reporter
5 min read
Gold Prices Decline Across the Board... Focus Shifts to U.S. CPI 3.5% Release and Escalating Iran Tensions
CBC News

As of July 14, 2026, according to domestic gold prices from Gold Price.com, major precious metal prices showed an overall downward trend. All items, including pure gold, platinum, and silver, declined, continuing a bearish trend.

■ Major Precious Metal Prices (Based on 3.75g)

Pure gold prices were recorded at 840,000 won for buying and 728,000 won for selling. The buying price fell by 14,000 won compared to the previous trading day, while the selling price also dropped by 11,000 won.

The selling price for 18K gold was 537,000 won, down 8,000 won from the previous trading day. The selling price for 14K gold stood at 417,000 won, a decline of 6,000 won from the previous trading day.

Platinum was recorded at 331,000 won for buying and 276,000 won for selling, with both prices falling by 3,000 won compared to the previous trading day. Silver was priced at 11,250 won for buying and 10,750 won for selling, with both purchase and sale prices dropping by 250 won from the previous trading day.

■ U.S. CPI at 3.5%... Attention on Interest Rate Direction

On July 14, Korean time, the U.S. Department of Labor's Bureau of Labor Statistics reported that the U.S. Consumer Price Index (CPI) for June rose 3.5% year-on-year. This fell below the expert forecast of 3.8% compiled by Dow Jones. Attention is now focused on how this indicator will impact the direction of U.S. interest rates.

■ Trump's Maritime Blockade Against Iran... Geopolitical Risk Expands

Meanwhile, controversy is expanding as U.S. President Donald Trump announced plans to resume a maritime blockade against Iran and impose transit fees on ships passing through the Strait of Hormuz. With geopolitical tensions between the United States and Iran escalating once again, it is having a significant impact on global financial markets, making it necessary to closely monitor how related issues unfold going forward.

■ Mixed Stock Market... Attention Focused on Direction of Gold Prices

Amid such external uncertainty, the domestic stock market showed mixed movements on July 14. The KOSPI rebounded from intraday weakness to close at 6,856.83, up 0.73% from the previous trading day, while the KOSDAQ index finished at 783.98, down 1.92%. Against this backdrop, attention is also being drawn to the future direction of gold prices.

[This article is intended to provide information about market trends and does not constitute investment advice. Investment decisions and their associated responsibilities lie with the investor.]

Oseong Kwon
Staff Reporter

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