Gold Prices Fall on October 22... 24K, 18K, and 14K Gold Prices, Along with Platinum and Silver, Decline Together
On October 22, 2026, domestic gold prices recorded an overall decline. Not only pure gold (24K) but also 18K and 14K, as well as platinum and silver prices, fell together. ■ 24K, 18K, and 14K Gold Prices According to Geumsise.com, pure gold (24K) per don (3.75g) was traded at 670,000 won for sellin

On October 22, 2026, domestic gold prices recorded an overall decline. Not only pure gold (24K) but also 18K and 14K, as well as platinum and silver prices, fell together.
■ 24K, 18K, and 14K Gold Prices According to Geumsise.com, pure gold (24K) per don (3.75g) was traded at 670,000 won for selling and 766,000 won for buying that day. The selling price fell 3,000 won from the previous day, while the buying price remained unchanged.
The 18K gold price per don was 495,000 won for selling, down 2,000 won from the previous day. The 14K gold price also fell 2,000 won from the previous day to 384,000 won for selling.
■ Platinum and Silver Prices Also Decline Together Platinum per don (3.75g) fell 6,000 won from the previous day to 245,000 won for selling, and dropped 7,000 won to 296,000 won for buying. Silver also showed weakness, declining 100 won from the previous day to 9,650 won for selling and falling 50 won to 10,000 won for buying per don (3.75g).
■ International Gold Prices and Diplomatic Variables Recent international gold prices on the New York Mercantile Exchange have been moving in the 4,100-dollar range per ounce.
Meanwhile, attention is also focused on diplomatic variables that could affect international gold prices. The Russian Kremlin announced on the 21st (local time) that it is pursuing a trilateral summit among the leaders of the United States, Russia, and China during the Asia-Pacific Economic Cooperation (APEC) summit to be held in China next month. The progress of negotiations among major countries' leaders and geopolitical uncertainty are cited as one of the variables that could influence international gold prices and safe-asset investment sentiment.
[This article is intended to provide information for investment reference purposes and does not recommend the purchase or sale of gold. Investment decisions and the responsibility thereof rest with the investor.]
CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.
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