According to domestic prices from Geumsese.com on July 28, 2026, major precious metal prices fell across the board compared to the previous trading day, showing a bearish trend.

■ Major Precious Metal Prices (Based on 3.75g)

Pure gold (24K) was priced at 829,000 won for buying and 715,000 won for selling, down 10,000 won and 7,000 won respectively from the previous trading day. The selling price for 18K gold was recorded at 527,000 won (down 5,000 won), while the selling price for 14K gold stood at 409,000 won (down 4,000 won).

Platinum also fell to 323,000 won for buying and 270,000 won for selling, down 4,000 won and 3,000 won respectively. Silver was priced at 10,850 won for buying and 10,250 won for selling, down 500 won and 400 won from the previous day.

■ International Gold Prices: Attention Focused on Two Key Variables

The direction of the international gold market is likely to see expanded volatility depending on U.S. foreign policy and the release of major economic indicators.

First, U.S. President Donald Trump stated on the 27th (local time) that negotiations with Iran are underway and a deal is possible. However, he also reaffirmed his stance that a hardline response could follow if the negotiations fail to produce results. The market is closely watching whether the Middle East situation will transition into a de-escalation phase or tensions will flare up again.

Second, the U.S. June Personal Consumption Expenditures (PCE) price index, scheduled for release on the 30th (Korean time), is also cited as a key variable. Since the PCE is an important indicator referenced by the U.S. Federal Reserve (Fed) when making monetary policy decisions, interest rate outlooks and the value of the dollar could be affected depending on the results.

The precious metals market, including gold, is expected to seek direction by incorporating both future economic indicators and geopolitical issues.

[※ This article is for investment reference purposes only, and the investor bears responsibility for their investment decisions.]