Gold and Precious Metal Prices Show Broad Strength Today... Middle East Tensions and Rising Oil Prices Drive Gold Trend (7/22)
According to domestic gold prices from GoldPrice.com as of July 22, 2026, major precious metal prices rose across the board, showing strength. ■ Precious Metal

According to domestic gold prices from GoldPrice.com as of July 22, 2026, major precious metal prices rose across the board, showing strength.
■ Precious Metal Prices at a Glance (Unit: 3.75g)
Pure gold (24K) prices were recorded at 852,000 won for buying and 730,000 won for selling. Compared to the previous trading day, the buying price rose by 13,000 won and the selling price by 7,000 won.
The selling price for 18K gold was 538,000 won, up 5,000 won from the previous trading day. The selling price for 14K gold was 418,000 won, rising 4,000 won compared to the previous trading day.
Platinum was recorded at 336,000 won for buying and 280,000 won for selling. Compared to the previous trading day, the buying price rose by 8,000 won and the selling price by 6,000 won, showing a strong rebound.
Silver prices stood at 11,350 won for buying and 10,750 won for selling, with both sides rising 200 won from the previous trading day.
■ Prolonged Middle East Tensions... International Oil Prices Up 2%
As U.S. airstrikes on Iran continue for over ten days, the Middle East situation remains highly unpredictable. With the possibility of a Red Sea blockade also being raised, concerns over crude oil supply disruptions have grown, and international oil prices once rose by about 2%.
If tensions in the Middle East escalate further, it could lead to rising international oil prices, expanded inflationary pressure, and weakened investor sentiment.
■ U.S. Stock Market Semiconductor Shares Rebound... Risk Appetite Remains 'Unclear'
On July 21 (local time), the U.S. stock market showed strength driven by a rebound in semiconductor-related stocks. However, despite the stock market rebound, geopolitical uncertainty has not been fully resolved, making it unclear whether risk appetite will persist.
The market views Middle East developments, international oil price movements, the value of the dollar, and U.S. monetary policy outlook as key variables for gold prices. Precious metal prices may also experience expanded volatility in the short term depending on related news, requiring a cautious approach.
[This article is not intended to solicit investment. All final investment decisions and responsibilities lie with the investor.]
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