On November 7, 2026, gold prices at the Korea Gold Exchange rose across all products, including pure gold (24K), 18K, 14K, platinum, and silver.

◆ Pure Gold Purchase Price at 784,000 Won per Don... Up 7,000 Won from Previous Day

According to the Korea Gold Exchange, the purchase price of pure gold (24K) per don (3.75g) was 784,000 won, up 0.89% (7,000 won) from the previous day. The selling price was 662,000 won, up 0.60% (4,000 won).

◆ 18K and 14K Also on the Rise... Selling at 486,600 Won and 377,400 Won Respectively

The 18K gold selling price per don was 486,600 won, up 0.60% (2,900 won) from the previous day. The 14K gold selling price also rose 0.61% (2,300 won) to 377,400 won, continuing the upward trend.

◆ Platinum Posts Highest Gain Among Major Precious Metals... Silver Prices Also Rise

Platinum per don (3.75g) was bought at 293,000 won, up 2.05% (6,000 won), and sold at 237,000 won, up 1.69% (4,000 won) from the previous day. Notably, platinum recorded the highest rate of increase among major precious metals on a purchase price basis.

Silver prices also rose. Silver per don (3.75g) was bought at 9,520 won, up 1.26% (120 won), and sold at 8,130 won, up 1.23% (100 won).

◆ Volatility Expands After U.S. Midterm Elections... New York Stock Market Plunges

Meanwhile, volatility in global financial markets has been expanding since the Democratic Party's victory in the U.S. midterm elections. In particular, selling spread centered on artificial intelligence (AI)-related tech stocks, with major New York stock indexes plunging on the 5th (local time), shaking investor sentiment.

Recently, caution has been growing in the U.S. stock market over the stock price trends of AI-related companies and the valuation of tech stocks in general. Combined with the shift in the U.S. political landscape following the midterm elections, attention is focused on which direction financial markets will move in the future.

◆ Gold Price Variables: Safe Asset Demand vs. Dollar and U.S. Treasury Yields

In this situation, the price movement of gold, considered a representative safe asset, is emerging as a key factor to watch. While investment demand for gold may change if stock market uncertainty grows, gold prices may also show volatility depending on the value of the dollar and U.S. Treasury yields.

Earlier, the U.S. October unemployment rate announced on the 6th (Korean time) came in at 4.1%, with non-farm payrolls increasing by 165,000. Attention is focused on how upcoming major U.S. economic indicators and the Federal Reserve's (Fed) monetary policy outlook will affect gold prices.

[※ This article is for reference in making investment decisions, and the final responsibility for investments lies with the investor.]