[International Gold Price Falls 0.95% from Previous Day]

As of October 3, Korean time, the international gold price on the New York Mercantile Exchange recorded $4,162.30 per ounce, down $40 (-0.95%) from the previous day.

[How Much Is Domestic Pure Gold to Buy and Sell?]

On the same day, domestic gold market trends showed the pure gold price (3.75g) at 787,000 won for buying and 676,000 won for selling. According to Geumsise.com, the buying price was 781,000 won and the selling price was 695,000 won.

[Middle East Situation Remains a Key Variable for Gold Prices]

In the international gold market, the Middle East situation remains a key variable. According to Reuters on the 4th (local time), Iran's official Nour News, citing remarks by Iranian Parliament Speaker Mohammad Bagher Ghalibaf, stated that the Strait of Hormuz would not be reopened until the U.S. side accepted the conditions presented by Iran.

Iran had previously presented the U.S. side with a plan that included lifting the maritime blockade, returning frozen funds, exempting Iranian crude oil exports from sanctions, and halting combat on the front lines. Reuters reported that one of the main sticking points between the two sides is which side will implement the relevant measures first.

In particular, uncertainty surrounding the Strait of Hormuz is a matter that could affect international oil supply and risk-averse sentiment in financial markets.

[Future Checkpoints for Gold Prices]

Accordingly, when looking at future gold prices, it is necessary to comprehensively check the level of tension in the Middle East region, along with international oil prices, the value of the dollar, U.S. economic indicators, and the outlook for Federal Reserve monetary policy.

[※ This article is for investment reference only and is not investment advice. All investments are made at one's own discretion, and the final responsibility for buying and selling lies with the investor.]