Today's Gold, Silver, and Platinum Prices (July 23): Pure Gold Down, Silver Flat — 'U.S. Rates & Middle East Risks in Focus'
According to domestic precious metal prices from Geumsise.com as of July 23, 2026, major precious metals saw pure gold and platinum decline across the board, wh

According to domestic precious metal prices from Geumsise.com as of July 23, 2026, major precious metals saw pure gold and platinum decline across the board, while silver remained flat.
- ■ Major Precious Metal Prices (per 3.75g)
- Pure Gold: Buy 846,000 won (down 6,000 won from previous trading day), Sell 725,000 won (down 5,000 won)
- 18K: Sell 535,000 won (down 3,000 won)
- 14K: Sell 415,000 won (down 3,000 won)
- Platinum: Buy 334,000 won (down 2,000 won), Sell 279,000 won (down 1,000 won)
- Silver: Buy 11,350 won, Sell 10,750 won (unchanged from previous trading day)
■ Market Variables: U.S. Monetary Policy & Middle East Risks The direction of U.S. monetary policy is cited as the key variable that will determine the direction of gold prices. Market participants are closely watching upcoming inflation and employment data as well as remarks from Federal Reserve officials to gauge the direction of the Fed's benchmark interest rate. Changes in interest rate expectations directly affect the value of the dollar, Treasury yields, and safe-haven sentiment, which can have cascading effects on gold prices and the domestic stock market.
Meanwhile, as tensions persist in the Middle East, international oil price movements are becoming unstable again, raising the possibility that inflation concerns may resurface. Markets are focusing on how energy price trends and shifts in global risk appetite will impact future gold prices and stock market trends.
[This article is not intended as investment advice. All final investment decisions and responsibilities rest with the individual investor.]
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