As of 9:12 a.m. on the 17th, Korean time, the international gold price on the GC New York Mercantile Exchange is trading at $3,988.00 per ounce. It fell slightly from the previous day, dropping below the $4,000 mark.

That same night, the New York stock market closed lower across the board. As concerns over the overvaluation of artificial intelligence (AI)-related stocks spread, selling continued, particularly in semiconductor shares.

The major indices that finished trading on the 16th (local time) are as follows: the Dow Jones fell 105.67 points (0.20%) from the previous trading day to 25,552.97, the S&P 500 index declined 38.63 points (0.51%) to 5,533.77, and the Nasdaq Composite Index dropped 387.28 points (1.47%) to 17,881.95.

The market analysis suggests that as concerns over the valuation burden of AI-related stocks came to the forefront, profit-taking sell-offs centered on semiconductor shares emerged, driving the major indices lower.

Going forward, market attention is focused on the direction of safe-haven assets and risk assets.

[※ Investors are solely responsible for their investment decisions, and it is essential to review relevant disclosures and company fundamentals before investing.]