Gold in retreat

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Gold in retreat

 
Gold products are displayed at Korea Gold Exchange in central Seoul. Gold prices have been falling for five trading days in a row. As of Feb. 18, gold price closed at 63,900 won ($58) per 1 gram (0.04 ounce), down 0.48 percent compared to the previous trading day, according to data from the Korea Exchange gold market. Prices of bitcoin, a cryptocurrency emerging as an alternative to gold, on the other hand, has been soaring recently. [YONHAP]

Gold products are displayed at Korea Gold Exchange in central Seoul. Gold prices have been falling for five trading days in a row. As of Feb. 18, gold price closed at 63,900 won ($58) per 1 gram (0.04 ounce), down 0.48 percent compared to the previous trading day, according to data from the Korea Exchange gold market. Prices of bitcoin, a cryptocurrency emerging as an alternative to gold, on the other hand, has been soaring recently. [YONHAP]

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