Gold Prices Hit Another All-Time High Again

[Image source=Yonhap News]

[Asia Economy Reporter Seungjin Lee] Gold prices soared, hitting an all-time high in just two days.

According to the Korea Exchange (KRX) on the 16th, the price per gram of 1kg gold spot in the KRX gold market closed at 70,300 KRW, up 0.43% from the previous trading day.

This is the highest closing price since the KRX gold market was established in March 2014. The previous all-time high closing price was 70,000 KRW, recorded on the 14th.

After breaking the highest price in about two months at 69,900 KRW on the 13th, the price closed at 70,000 KRW on the 14th and again at 70,000 KRW the day before.

The highest intraday price was 70,450 KRW, surpassing the previous intraday record of 70,200 KRW set the day before.

Meanwhile, on the 15th (local time) at the New York Mercantile Exchange, August delivery gold closed at $1,813.80 per ounce, up 0.02% ($0.40).

This content was produced with the assistance of AI translation services.