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Korean gold rush: 'Kimchi premium' for safe-haven asset hits record 20%
17 Feb 2025 21:57 GMT
… the KRX Gold Market. The Korea Exchange operates the gold bourse, … Keon-hyeong at Shinhan Securities.
"The sharp … between KRX spot gold and international gold prices. This … gold or gold futures," said analyst Lee Young-hoon of Samsung Securities …
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Korean gold rush: ‘Kimchi premium’ for safe-haven asset hits record 20pc
17 Feb 2025 21:10 GMT
… in cryptocurrencies, now even gold has become subject to the … on the KRX Gold Market. The Korea Exchange operates the gold bourse, where … LBMA, the leading authority on gold and silver markets, as … international price of gold. The price of spot gold on the …
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Onnuri coupons for traditional markets may contribute to recent surge in domestic gold prices
17 Feb 2025 09:31 GMT
… in speculative demand for gold.
According to the Korea Exchange (KRX), the price … of 1 gram of gold on the KRX gold … such as gold bar purchases, exchange-traded funds (ETFs), and gold accounts surged …
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Korean Gold Prices Trade at 24% Premium Over International Rates
17 Feb 2025 05:46 GMT
… on the KRX Gold Market, operated by the Korea Exchange, has remained higher … than international gold prices for nearly … disparity. The exchange issues official market guidance through securities firms only when …
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Gold bars disappear at jewelry shops in Korea due to high demand for safe asset
13 Feb 2025 08:58 GMT
… ) has stopped supplying gold, making it difficult … remaining gold is flowing into the Korea Exchange (KRX) gold … market instead of the spot market and real gold … gold.
Hwang Byung-jin, a researcher at NH Investment & Securities …
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South Korea Halts Gold Bar Sales Amid Surging Global Prices
12 Feb 2025 02:21 GMT
… wall of the Korea Gold Exchange’s Jongno main branch … Corporation (KOMSCO) has suspended gold bar sales as global … which procures gold bars from the Korea Gold Exchange and LS … . According to the Korea Exchange, daily gold trading volume skyrocketed from …
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Korea Gold Exchange Website Crashes Amid Unprecedented Investor Surge
06 Feb 2025 10:14 GMT
… . 6, the Korea Gold Exchange website experienced a significant … . According to the Korea Exchange, the gold trading volume on the … billion won.
The Korea Gold Exchange found its website overwhelmed … In such volatile conditions, gold, traditionally viewed as a …
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Gold Prices Hit Record High Again, Trading Volume Also Reaches All-time Peak
06 Feb 2025 05:03 GMT
… Analysts in the securities market predict that gold prices could reach … the Korea Exchange (KRX) on Feb. 5, the KRX gold spot … from both gold price appreciation and foreign exchange gains due … young, a researcher at KB Securities, stated, “With the …
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Gold Prices Continue to Rise
16 Jan 2025 08:15 GMT
… recent increase in demand for gold in emerging markets such … In South Korea, a high exchange rate and political instability related …
According to the Korea Exchange on Jan. 14, gold spot prices have … have both projected that global gold prices could rise to …
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Martial Law Declaration Drives Surge in Gold Investment Amid Political Uncertainty
13 Dec 2024 15:22 GMT
… they sought refuge in gold amid the ensuing political … uncertainty. The domestic gold price, which stood at … the investment inflow into gold over six trading days … according to the Korea Exchange.
The surge in gold investments was reflected …