[International Gold Price Rises 0.38% from Previous Day]

As of August 15, Korea time, the international gold price, based on GC contracts on the New York Mercantile Exchange, recorded $4,437.30 per ounce, up 0.38% from the previous day.

[Domestic Gold Price Trends… Quotes from Korea Gold Exchange and Geumsise.com]

On the domestic front, the pure gold price (3.75g) at the Korea Gold Exchange stood at 874,000 won when buying and 731,000 won when selling. At Geumsise.com, pure gold was quoted at 868,000 won when buying and 745,000 won when selling.

[Attention Centers on Gold Price Movements in This Week's Market]

All eyes are on how gold prices will trend in the market this week. Meanwhile, market attention surrounding gold prices is shifting toward upcoming US economic indicators.

[US Economic Indicators: Key Factor That Will Determine Gold's Direction]

With stock, foreign exchange, and bond markets recently moving sensitively in response to economic indicators, in the gold market as well, the signals sent by the US economy and inflation could serve as a factor that determines future price movements.

For gold investors, how financial markets react following the releases may be more important than judgments about whether individual indicators are good or bad. This is because a change in assessments of the economy and inflation could affect expectations for the Federal Reserve's benchmark interest rate, which could in turn feed through bond yields and the dollar into gold prices.

[GDP and PCE Releases on the 26th in Focus… Whether Gold Price Volatility Will Expand]

With July's US CPI and PPI recently sending slowdown signals and partially easing concerns over rate hikes, attention in the gold market is focused on whether interest rates and the dollar will set a new direction after digesting the GDP and PCE data due on the 26th, and whether gold prices will accordingly see expanded volatility. It is necessary to keep an eye on the direction of the remaining economic indicators this month.

[※ This article is not intended to encourage investment, and the final judgment and responsibility for investments rest with the investor.]