According to Goldprice.com on October 28, 2026, domestic gold prices closed higher compared to the previous day. Prices of pure gold (24K), 18K, 14K, and platinum all rose together, while silver prices climbed on the buying side and remained flat on the selling side.

■ Pure Gold at 760,000 Won per Don for Purchase... 18K and 14K Also Rise Together

The buying price of pure gold per don (3.75g) was 760,000 won on this day, up 15,000 won from the previous day. The selling price rose 6,000 won to 658,000 won.

The 18K gold price per don for selling jumped 5,000 won from the previous day to 486,000 won, while the 14K gold price for selling rose 3,000 won to 377,000 won.

Platinum prices also continued their upward trend. The buying price of platinum per don (3.75g) rose 4,000 won from the previous day to 284,000 won, while the selling price climbed 3,000 won to 236,000 won.

Silver prices per don (3.75g) rose 150 won from the previous day to 9,500 won for buying, but the selling price remained unchanged from the previous day at 8,950 won.

■ FOMC Base Rate Announcement Scheduled for the 29th... Treasury Bond Yields Rise Across All Maturities

Attention is also focused on external financial market variables that could affect gold prices. With the U.S. Federal Open Market Committee (FOMC) scheduled to announce its base rate on October 29, Korea time, Treasury bond yields rose across all maturities in the domestic bond market.

In the Seoul bond market on the 28th, the yield on 3-year Treasury bonds finished at 3.799% per annum, up 4.1 basis points from the previous trading day.

Yield increases were also prominent in long-term bonds. The 10-year Treasury bond yield recorded 4.108% per annum, up 7.6 basis points from the previous trading day, while 2-year and 5-year bonds also joined the upward trend, closing at 3.763% and 3.949% per annum, respectively.

Similar movements appeared in ultra-long-term bonds as well. The 20-year yield was recorded at 4.193%, the 30-year at 4.221%, and the 50-year at 4.251% per annum. Notably, the 30-year yield rose 7.0 basis points from the previous trading day, showing expanding interest rate volatility in the long-term segment.

Market attention is directed toward the direction of U.S. monetary policy. The Fed's base rate decision and signals about its future policy stance could affect U.S. Treasury yields and the value of the dollar, which serve as important variables for international gold prices and domestic gold market rates.

[This article is for investment reference purposes only and does not constitute a recommendation to buy or sell gold. Investment decisions and responsibilities rest with the investor.]