Five of BTS's songs have been certified platinum, gold and silver by the Recording Industry Association of Japan (RIAJ) for June 2021, according to the association on Wednesday. BTS’s “Boy With Luv” (2019) achieved the platinum status, while...
With the growing fear of inflation, wealthy people are rushing into safe haven assets — gold and the dollar.
A gold bar is displayed at the Korea Gold Exchange in Jongno District, central Seoul, on Monday. As bitcoin prices continue to drop, gold prices have recently have been on the rise. Demand for gold has risen as investors hoping to hedge inflation.
Gold prices have long been declining, but are recovering due to its appeal as an inflation hedge. According to the Korea Exchange, a gram of gold was priced at 68,520 won ($60.80) on Monday, coming close to the annual all-time high of 69,230 won.
Gold is glittering again as economic fear mounts and Koreans rush toward safe assets.
As expectations of economic recovery increase with the start of vaccinations, a gram of gold was priced at 63,050 won ($56.2) on Tuesday, a 1.73 percent decline from the previous day.
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),
An information brochure about gold bars is displayed at Emart24. According to the convenience store on Wednesday,
Bitcoin topped 40 million won ($36,800) per unit for the first time in Korea on Thursday, a local cryptocurrency exchange said.
Gold products are displayed at the Korea Gold Exchange in Jongno District, central Seoul, on Tuesday.