[July 16, 2026] Today's Gold and Precious Metal Price Trends... Pure Gold Declines, Platinum Rebounds as Market Stays on High Alert
Looking at domestic precious metal price trends as of July 16, 2026, prices of major metals including pure gold showed mixed movements, according to Geumsise.co
![[July 16, 2026] Today's Gold and Precious Metal Price Trends... Pure Gold Declines, Platinum Rebounds as Market Stays on High Alert](https://media.cbcglobe.com/tenants/cbc00000-0000-4000-8000-000000000001/media/cbc/2026/06/578899/5d25a77185f59f91/original.webp)
Looking at domestic precious metal price trends as of July 16, 2026, prices of major metals including pure gold showed mixed movements, according to Geumsise.com.
- *[Today's Gold/Precious Metal Prices (per 3.75g)]**
- Pure Gold (24K): Buy 832,000 won, Sell 726,000 won (Down 8,000 won for buying and 2,000 won for selling compared to the previous trading day)
- 18K Gold: Sell 535,000 won (Down 2,000 won compared to the previous trading day)
- 14K Gold: Sell 415,000 won (Down 2,000 won compared to the previous trading day)
- Platinum: Buy 337,000 won, Sell 281,000 won (Up 2,000 won compared to the previous trading day, rebounding)
- Silver: Buy 10,850 won, Sell 10,350 won (Down 400 won compared to the previous trading day)
Impact on the Safe-Haven Asset Market As recent major U.S. price indicators for June, including the CPI (Consumer Price Index) and PPI (Producer Price Index), have shown some signs of moderation, investors' attention is focused on the direction of the safe-haven asset market ahead of the weekend. The biggest key factor that will determine the future direction of the market is the Federal Reserve's (Fed) interest rate movements.
In addition, the trajectory of ongoing global geopolitical risks is also a major variable. According to recent foreign media reports, U.S. President Donald Trump is said to be considering even the option of deploying ground troops, and it remains to be seen what impact this will have on future safe-haven asset demand.
[※ Investors are solely responsible for their investment decisions, and it is necessary to review relevant disclosures and company fundamentals before investing.]
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