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October 5 Gold Prices: Pure Gold Rises to 790,000 Won... Silver and Platinum Also Gain [Today's Gold Prices]

According to the Korea Gold Exchange on October 5, 2026, domestic gold prices showed an upward trend. ■ October 5 Gold, Silver, and Platinum Prices (Based on Korea Gold Exchange) - Pure gold (Gold24k-3.75g): Buy 790,000 won (up 3,000 won, 0.38% from the previous day), Sell 679,000 won (up 3,000 wo

Oseong Kwon
Staff Reporter
7 min read
October 5 Gold Prices: Pure Gold Rises to 790,000 Won... Silver and Platinum Also Gain [Today's Gold Prices]
CBC News

According to the Korea Gold Exchange on October 5, 2026, domestic gold prices showed an upward trend.

■ October 5 Gold, Silver, and Platinum Prices (Based on Korea Gold Exchange)

  • Pure gold (Gold24k-3.75g): Buy 790,000 won (up 3,000 won, 0.38% from the previous day), Sell 679,000 won (up 3,000 won, 0.44%)
  • 18K gold: Sell 499,100 won (up 2,200 won, 0.44% from the previous day)
  • 14K gold: Sell 387,100 won (up 1,700 won, 0.44% from the previous day)
  • Platinum (3.75g): Buy 324,000 won (up 4,000 won, 1.23% from the previous day), Sell 263,000 won (up 4,000 won, 1.52%)
  • Silver (3.75g): Buy 11,110 won (up 150 won, 1.35% from the previous day), Sell 9,240 won (up 120 won, 1.30%)

■ Market Attention Focused on the Federal Reserve's Interest Rate Outlook

Recently, global financial markets have continued to show volatility as inflation, major countries' monetary policies, international oil prices, and geopolitical uncertainty interact in complex ways.

While U.S. inflation remains above the Federal Reserve's target level, signs of slowing have appeared in the labor market, and market forecasts on the future path of the benchmark interest rate are divided. The Fed raised its benchmark rate by 0.25 percentage points in September, but with recent U.S. employment indicators coming in weaker than expected, the likelihood of an additional hike in October has diminished somewhat. However, as upward pressure on prices has not fully subsided, major economic indicators to be released going forward, such as consumer and producer prices, are expected to be key variables determining the direction of monetary policy.

Caution over inflation and interest rates is growing not only in the United States but also in other major countries. In Japan, the possibility of further monetary policy normalization is being discussed amid price pressures from a weak yen and rising energy costs, while in India, forecasts of a benchmark rate hike are gaining strength due to inflationary pressure.

■ International Oil Prices and Geopolitical Risks Also Key Variables for Gold Prices

International oil prices and the geopolitical situation are also major variables in the gold market. Rising energy prices could reignite inflation in various countries, and if major central banks maintain tight monetary policies for an extended period, bond yields and the dollar's value could rise, potentially weighing on gold prices.

The World Gold Council (WGC) also cited economic growth, interest rates, the dollar's value, and geopolitical risks as the major variables that will shape the 2026 gold market. It analyzed that if an economic slowdown, falling interest rates, and a weaker dollar occur simultaneously, a favorable environment for gold could emerge, whereas if the economy proves stronger than expected and rates rise while the dollar strengthens, this could become a correction factor for gold prices.

Accordingly, domestic gold prices are expected to be influenced not only by international gold prices but also by U.S. interest rate outlooks, dollar movements, exchange rates, international oil prices, and geopolitical conditions.

[※ This article was written for the purpose of providing gold price information and related economic data, and does not recommend investment in or the purchase/sale of any specific product. Gold prices may fluctuate due to various factors including international gold prices, exchange rates, interest rates, and geopolitical conditions. Actual transaction prices may vary depending on the exchange and seller, and the final decision and responsibility for investments rest with the investor.]

Oseong Kwon
Staff Reporter

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