Gold and Platinum Prices as of July 17, 2026 (Based on Korea Gold Exchange)

• ■ Pure Gold (24K·3.75g)
• Buy: 830,000 KRW (down 0.96% from the previous trading day, a decrease of 8,000 KRW)
• Sell: 700,000 KRW (down 1.14% from the previous trading day, a decrease of 8,000 KRW)

• ■ Other Gold Products — Sell Prices
• 18K: 514,500 KRW (down 1.15%, a decrease of 5,900 KRW)
• 14K: 399,000 KRW (down 1.15%, a decrease of 4,600 KRW)

• ■ Platinum (3.75g)
• Buy: 334,000 KRW (down 2.69%, a decrease of 9,000 KRW)
• Sell: 271,000 KRW (down 2.58%, a decrease of 7,000 KRW)

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War Escalation and Inflation Concerns... Why Are Gold Prices Falling?

As wars reignite on the U.S.–Iran and Russia–Ukraine fronts, international oil and wheat prices are fluctuating. With inflation concerns expanding as a result, attention is focused on the future direction of safe-haven assets.

Historically, when international oil prices have surged, gold prices have tended to decline instead. This is interpreted as a reflection of concerns over U.S. interest rate hikes driven by inflation.

[※ The responsibility for investment decisions lies solely with the investor, and it is essential to review relevant disclosures and company fundamentals before investing.]