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Korean Gold Market Hits Historic 108B Won Trading Peak

The Korea Gold Exchange witnessed a dramatic system failure on February 6 as trading volumes reached historic levels.

Spurred by mounting geopolitical tensions and economic uncertainties, trading volume soared to 108.83 billion won – shattering previous records and marking the first time trading exceeded 100 billion won since the market’s 2014 inception.

This peak followed an escalating pattern of record-breaking activity, with volumes climbing from 50 billion won in October to 71 billion won in early February, highlighting growing investor appetite for safe-haven assets amid global instability.

Original Source: BusinessKorea

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Central bank committee room with one empty chair at the table — what PCE at 3.5% means for gold investors as four central banks hold rates amid stagflation signals
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Read More »
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