Section
Commodities
Oil, gold and emissions traded through Korean venues.
Korea's import prices rose 9% in the seller's currency and 20% in won. The gap is the exchange rate.
Priced in the currency each contract is written in, Korea's imports cost 9.1% more over the year to June. In won they cost 19.7% more. The 33-point gap between the two indices is not the goods getting dearer — it is the won getting weaker.
Korea's exchange-traded gold has fallen 31% since January, and the small-lot contract is busier than ever
Six and a half years of Korea Exchange gold prints: up 228% overall, up 60% in 2025, then down 30.9% from a peak set on 29 January. Turnover in the 100-gram contract is running 72% above last year through the whole decline.