【South Korea】[Today’s Gold Price] Pure Gold at 1.02 Million Won… Precious Metals Rise Amid Safe-Haven Demand

Editor’s Note

This article, based on Korea Gold Exchange data, highlights the sustained uptrend in investment demand and platinum’s strong performance amid ongoing market volatility.

Investment Demand Expands… Uptrend Continues
Platinum Shows Strong Performance… Volatile Market Conditions Persist

According to the Korea Gold Exchange’s market data on February 9, 2026, the purchase price for pure gold (24K, 3.75g) rose by 1.37% (14,000 won) compared to the previous day, reaching 1,023,000 won. The selling price also increased by 1.18% (10,000 won) to 847,000 won, indicating an upward trend in selling prices as well.
Gold product prices also rose across the board. The 18K gold price (based on product price standards) reached 622,600 won, up 1.19% (7,400 won) from the previous day, while the 14K gold price also rose by 1.18% (5,700 won) to 482,800 won, continuing the upward trend.
Platinum prices showed a relatively larger increase. The purchase price for platinum (3.75g) was 431,000 won, up 4.41% (19,000 won) from the previous day, and the selling price also rose by 4.57% (16,000 won) to 350,000 won, demonstrating strong performance. Recent expansion in investment demand is analyzed to have influenced the price increase.
Silver prices also rose. The purchase price for silver (3.75g) was 21,280 won, up 3.95% (840 won), and the selling price increased by 3.9% (500 won) to 12,830 won.
Recently, the precious metals market has been showing an upward trend, driven by global economic uncertainty and a preference for safe-haven assets. As investment fund inflows expand, price pressures have intensified, particularly for gold and platinum.
Market analysis suggests that while gold prices may show short-term volatility depending on interest rate policies and exchange rate trends, the uptrend is likely to continue as demand for safe-haven assets persists.

“Experts advise that the precious metals market is likely to fluctuate in the near term, influenced by changes in the global financial environment, and caution is needed regarding price volatility during physical transactions.”
None
Full article: View original |
⏰ Published on: February 09, 2026