According to the Korea Gold Exchange's gold prices on September 24, the pure gold price (Gold24k-3.75g) was recorded at 834,000 won for purchase and 702,000 won for sale. Both the buying and selling prices remained at the same level as the previous day.

The 18K gold price (Gold18k-3.75g) recorded a 0% change rate at 516,000 won for sale, and the 14K gold price (Gold14k-3.75g) also showed a 0% change rate at 400,200 won for sale. In effect, gold product prices, including pure gold, all remained flat.

In contrast, platinum and silver declined. The platinum price (Platinum-3.75g) fell 3.28% to 335,000 won for purchase, and dropped 3.31% to 272,000 won for sale. In monetary terms, these represent declines of 11,000 won and 9,000 won, respectively. The silver price (Silver-3.75g) fell 3.37% to 11,870 won for purchase, and dropped 3.34% to 9,880 won for sale, representing declines of 400 won and 330 won, respectively.

■ U.S. Treasury yields surge, sending Wall Street broadly lower... attention on factors affecting gold prices

Meanwhile, market attention is also focused on the U.S. interest rate environment, which could influence gold prices.

On September 23 (local time), Wall Street closed broadly lower as U.S. Treasury yields climbed sharply and the possibility of additional interest rate hikes by the Federal Reserve (Fed) came to the forefront. The Dow Jones Industrial Average finished trading at 51,511.59, down 352.10 points (0.68%) from the previous session. The S&P 500 index recorded 7,706.03, down 58.61 points (0.75%), while the Nasdaq Composite posted a relatively larger decline, closing at 26,936.04, down 308.24 points (1.13%).

U.S. Treasury yields rose sharply on the day, increasing pressure across financial markets. Notably, the 10-year Treasury yield climbed to the 5.1% range. As U.S. economic indicators came in stronger than expected, concerns grew that inflationary pressures may not subside easily, once again highlighting the possibility of additional rate hikes by the Fed.

As a result, attention is focused on how the future direction of Fed monetary policy and movements in U.S. Treasury yields will act as variables affecting international gold prices.

[※ This article is for reference only in making investment decisions and is not intended to solicit investment. The final decision and responsibility for investments rest with the investor.]