According to the Korea Gold Exchange on September 25, the pure gold price (Gold24k-3.75g) fell by 5,000 won (0.60%) from the previous day to 829,000 won when buying. The selling price dropped 3,000 won (0.43%) to 699,000 won.

The 18K gold price (Gold18k-3.75g) fell 2,200 won (0.43%) from the previous day to 513,800 won when selling, and the 14K gold price (Gold14k-3.75g) also dropped 1,700 won (0.43%) to 398,500 won.

■ Platinum and Silver Price Trends The platinum price (Platinum-3.75g) rose 1,000 won (0.30%) from the previous day to 336,000 won when buying. The selling price remained unchanged at 272,000 won. The silver price (Silver-3.75g) fell 120 won (1.02%) from the previous day to 11,750 won when buying, and dropped 100 won (1.02%) to 9,780 won when selling.

■ Background of Gold Price Decline... Surge in U.S. Long-Term Interest Rates Meanwhile, as long-term interest rates have risen sharply in the U.S. bond market, uncertainties surrounding the gold market are growing. U.S. Treasury yields rose across the board as wariness spread over the possibility of additional rate hikes by the Federal Reserve (Fed).

On the 24th (local time), the yield on the 30-year U.S. Treasury bond rose to 5.50% during the session, its highest level since June 2004. The 10-year Treasury yield, considered a key benchmark for market interest rates, also climbed to as high as 5.22%, its highest level since June 2007, while the 2-year yield rose to 4.94%.

Along with rising bond yields, the market's outlook on the possibility of additional tightening by the Fed is also shifting. According to the CME FedWatch, the federal funds futures market has priced in roughly a 70% chance that the Fed will raise its benchmark rate again in October.

[※ This article is for investment reference purposes only and does not recommend the purchase or sale of any specific asset. Investment decisions and the responsibility for them rest with the investor.]