What's the Gold Price Today?... U.S.-Iran War of Words Continues
According to the Korea Gold Exchange prices as of August 1, 2026, the buying price of pure gold (24K, 3.75g) is 823,000 won, and the selling price is 692,000 wo

According to the Korea Gold Exchange prices as of August 1, 2026, the buying price of pure gold (24K, 3.75g) is 823,000 won, and the selling price is 692,000 won. The buying price rose by 1,000 won (0.12%) compared to the previous trading day, while the selling price remained unchanged at the same level as the previous trading day.
■ Gold, Platinum, and Silver Price Summary • 24K Pure Gold (3.75g) — Buying: 823,000 won (vs. previous day +1,000 won, +0.12%) / Selling: 692,000 won (no change) • 18K Gold — Selling: 508,700 won (no change) • 14K Gold — Selling: 394,500 won (no change) • Platinum (3.75g) — Buying: 333,000 won (vs. previous day +6,000 won, +1.8%) / Selling: 270,000 won (vs. previous day +5,000 won, +1.85%) • Silver (3.75g) — Buying: 11,080 won (vs. previous day -10 won, -0.09%) / Selling: 9,360 won (vs. previous day -10 won, -0.11%)
While gold prices remained flat, platinum rose on both the buying and selling sides, and silver saw a slight decline.
■ U.S.-Iran Confrontation Continues... War of Words in Full Swing Meanwhile, the exchange between the United States and Iran continues. U.S. Central Command (CENTCOM) dismissed claims that Iran had destroyed or damaged U.S. military F-35 stealth fighters and other aircraft during a recent retaliatory attack, stating that they are "not true." Regarding the announcement by Iran's Islamic Revolutionary Guard Corps (IRGC) that it had shot down multiple U.S. military aircraft in an attack targeting a U.S. base in Jordan, CENTCOM explained that "no actual damage occurred," saying that all missiles and drones were either intercepted or failed to reach their targets.
Additionally, it refuted as baseless Iran's claims regarding navigational safety in the Strait of Hormuz as well as statements about an oil tanker breaking through a U.S. naval blockade. The United States is currently maintaining a naval blockade in response to Iran's attempts to control the strait, and the war of words between the two sides shows no sign of abating.
[Investment decisions are the responsibility of each individual, and as short-term volatility has expanded, a cautious approach is required.]
CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.



