FINANCE.YAHOO.COM
gold

South Korea's mint halts gold bar sales as supply tightens

SUMMARY

South Korea's mint has paused gold bar sales due to supply challenges and rising demand. The Korea Minting and Security Printing Corp. indicated it will resume sales when possible. This suspension comes as global traders are rushing to deliver bullion to the U.S. before potential new tariffs.

Gold prices have surged above benchmarks, indicating market tightness, particularly with large withdrawals from London vaults. The precious metal is reaching new highs in 2025 as concerns over U.S. tariffs, announced by President Donald Trump, elevate demand for reliable assets.


▶︎ Click here for more breaking news