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Gold Price Today (August 17): Pure Gold Rises 2,000 Won to 876,000 Won... Focus on Whether Gold Can Break $4,500 Amid 'Direction-Seeking' Phase

[Today's Gold, Silver, and Platinum Prices] According to the Korea Gold Exchange's gold prices on August 17, 2026, the pure gold price (Gold24k-3.75g) for purchase rose to 876,000 won, up 2,000 won (0.23%) from the previous day. The selling price stood at 733,000 won, up 2,000 won (0.27%) from the

Oseong Kwon
Staff Reporter
5 min read
Gold Price Today (August 17): Pure Gold Rises 2,000 Won to 876,000 Won... Focus on Whether Gold Can Break $4,500 Amid 'Direction-Seeking' Phase
CBC News

[Today's Gold, Silver, and Platinum Prices]

According to the Korea Gold Exchange's gold prices on August 17, 2026, the pure gold price (Gold24k-3.75g) for purchase rose to 876,000 won, up 2,000 won (0.23%) from the previous day. The selling price stood at 733,000 won, up 2,000 won (0.27%) from the previous day.

The 18K gold price (Gold18k-3.75g) for selling rose 1,500 won (0.28%) from the previous day to 538,800 won, while the 14K gold price (Gold14k-3.75g) for selling climbed 1,200 won (0.29%) to 417,900 won.

The platinum price (Platinum-3.75g) for purchase increased 1,000 won (0.29%) from the previous day to 348,000 won, while the selling price remained unchanged at 282,000 won.

The silver price (Silver-3.75g) for purchase rose 110 won (0.89%) from the previous day to 12,300 won, while the selling price gained 90 won (0.87%) to reach 10,390 won.

[Gold in 'Direction-Seeking' Phase After Short-Term Rebound]

The gold market has recently been searching for direction again following a short-term rebound. Gold futures prices on the New York Mercantile Exchange recently recovered the $4,500-per-ounce level during trading sessions but failed to sustain the upward momentum, subsequently retreating to the $4,300–4,400 range amid profit-taking and other factors.

Gold's push toward the $4,500 level came in tandem with shifting interest rate outlooks as the market digested recent U.S. inflation indicators and other data. However, sell orders emerged near the $4,500 mark, creating headwinds to extending further gains in the short term.

[Key Watch Points: ① Stable Break Above $4,500 ② Re-entry Above $5,000]

As a result, whether gold can decisively and stably clear the $4,500 level has emerged as the market's primary watch point.

Taking a broader view, whether gold will re-enter the $5,000-per-ounce range is also drawing attention. Gold surpassed $5,000 early this year but has since undergone a correction and now trades well below that price level. Given that gold rebounded to the $4,500 level only to be pushed back again, additional momentum will be needed for the upward trend toward $5,000 to resume.

[※ This article is not intended as investment advice, and the final judgment and responsibility for investment decisions rest with the investor.]

Oseong Kwon
Staff Reporter

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