On October 9, 2026, domestic gold prices based on the Korea Gold Exchange showed an upward trend. While prices of pure gold (24K), as well as 18K and 14K gold, rose across the board, platinum held steady and silver declined.

Pure Gold (24K) Price: 787,000 Won at Purchase

The purchase price of pure gold (24K) per don (3.75g) stood at 787,000 won, up 5,000 won (0.64%) from the previous day. The selling price was 674,000 won, up 3,000 won (0.45%) from the previous day.

18K and 14K Gold Prices Rise Together

The 18K gold price, per don (3.75g), was recorded at 495,400 won for selling, up 2,200 won (0.44%) from the previous day. The 14K gold price also rose 1,700 won (0.44%) to 384,200 won for selling, continuing its upward trend.

Platinum Flat, Silver Declines

Platinum prices per don (3.75g) were recorded at 311,000 won for purchase and 252,000 won for selling. Both purchase and selling prices recorded a 0% change from the previous day, maintaining a flat trend with no price movement.

Meanwhile, the price of silver per don (3.75g) fell 100 won (0.93%) from the previous day to 10,810 won at purchase. The selling price was 9,000 won, down 80 won (0.89%) from the previous day.

Future Outlook for Gold Prices: Key Variables to Watch

The future direction of the gold market depends primarily on ▲whether U.S. long-term Treasury yields rise further ▲whether the dollar's strength persists ▲and whether expectations for the U.S. Federal Reserve's monetary policy tilt hawkish again. In addition, how strongly central bank gold purchases and global fiscal risks create downside support will also be important.

Even if gold prices fluctuate in the short term, the correction could be limited as long as structural demand for gold is maintained. Conversely, if Treasury yields remain higher than expected for an extended period, the gold market may also continue to consolidate for a considerable time.

[This article is for informational purposes regarding investment. Investment decisions and any resulting responsibility rest with the investor.]