SEOUL, Dec. 13 (Korea Bizwire) – South Korean investors are increasingly turning to gold as a safe-haven asset, driven by a combination of domestic political turbulence and international geopolitical tensions. The trend comes as gold prices show signs of rebounding after a brief November dip, bolstered by news of renewed Chinese gold purchases following October’s record [...]
SEOUL, Sept. 13 (Korea Bizwire) — K-pop girl group ITZY will drop a new EP titled “Gold” on Oct. 15, according to the group’s agency, JYP Entertainment, on Friday. ITZY also shared information on its upcoming release on social media platforms the same day. The EP will consist of 11 tracks, including the double lead [...]
PARIS, Jul. 29 (Korea Bizwire) — Team Korea arrived at the Paris Olympics with an eye on winning five gold medals. And after only three days of competition, the country has met that mark. South Korea collected two gold medals on Monday to reach five gold medals overall. The first gold of the day was [...]
SEOUL, May 22 (Korea Bizwire) – As economic headwinds stir up demand for safe-haven assets, convenience stores in South Korea are seeing a surge of younger buyers snapping up affordable, bite-sized gold bars, underscoring the appeal of the precious metal as a compact investment during turbulent times. Convenience store operators say sales of card-sized gold bars [...]
SEOUL, April 12 (Korea Bizwire) — With the price of gold surging in recent days, an increasing number of investors are buying actual gold products. According to industry sources, the value of gold bars sold through the nation’s four major banks during the period from April 1 to 6 stood at about 2.49 billion won [...]
DAEJEON, Oct. 21 (Korea Bizwire) — South Korea’s state-run minting agency said Thursday that it signed a memorandum of understanding (MOU) with a handful of domestic companies to carry out a gold-based non-fungible token (NFT) business. To broaden the online sales channels of high-end gold products, the Korea Minting and Security Printing Corp. (KOMSCO) joined [...]
MONTREAL, May 13 (Korea Bizwire) – Brunswick Exploration Inc. (“BRW” or the “Company”) is pleased to announce that is has signed an amendment to the option agreement made in October 27th 2020 with prospector Robert Murray to acquire a 100% interest in the Menzies Lake Claim (“Property”), located 20 kilometers west of the City of Saint John, New [...]
SEOUL, Feb. 19 (Korea Bizwire) — Gold prices in South Korea hit a 10-month low as hope of an economic recovery has made the bullion less attractive, data showed Friday. A gram of gold changed hands at 63,900 won (US$57.7) on the domestic market Friday, down 0.48 percent from the previous session, according to the [...]
SEOUL, Aug. 12 (Korea Bizwire) — The daily turnover of South Korea’s gold market hit a record high in July amid a surge in trade in the precious metal, the local exchange said Wednesday. The market’s daily turnover averaged 13.1 billion won (US$11.1 million) in July, more than double the amount of 5.2 billion won [...]
HALIFAX, Nova Scotia, July 20 (Korea Bizwire) – Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or the “Company“) is pleased to announce the results of an independent Bankable Feasibility Study (“BFS”) for the 100%-owned, high-grade, open-pit Bayan Khundii Gold Project (“BK” or “Project”) in southwest Mongolia. The independent BFS was prepared in accordance with National Instrument 43-101 [...]