{
  "id": 622125,
  "title": "Bank of Korea Resumes Gold Investment After 13 Years",
  "url": "https://urgent.news/2026/08/12/bank-of-korea-resumes-gold-investment-after-13-years",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T02:28:52.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=274634"
  },
  "original_language": "en",
  "account": "Recent signs of a slowdown in the U.S. labor market are driving up the value of gold, a safe-haven asset. Gold-related investment products, which had been on a downward trend, are now rebounding. Domestic gold-related exchange-traded funds (ETFs) have seen a sharp increase in returns over the past week, with HANARO Global Gold Mining Companies leading the pack at 19.23% return. Gold futures and gold spot investments have also risen significantly. The surge in gold prices was triggered by U.S. employment data showing a sharp decline in July's nonfarm payrolls. This led to doubts about a September interest rate hike by the U.S. Federal Reserve. Gold prices have since surged, with December gold futures reaching $4,450 per ounce. Central banks, such as the People's Bank of China, continue to increase their gold holdings, diversifying away from the dollar. The Bank of Korea has resumed gold-related investment after a 13-year hiatus, marking a shift in its asset management strategy.",
  "summary": "Signs of slowing in the U.S. labor market are lifting the value of gold, a safe-haven asset, once again. With the likelihood of an interest-rate hike diminishing and uncertainty in the artificial intelligence (AI) sector adding to the picture, gold-related investment products, which had been on a do",
  "key_points": [
    "Bank of Korea restarts gold investments after 13-year break",
    "Gold prices rise due to weak U.S. jobs data and Fed rate hike doubts",
    "Bank of Korea's return signals shift in asset management strategy"
  ],
  "editors_take": "The Bank of Korea's return to gold investment signals a shift in its asset management strategy, aligning with central banks like the People's Bank of China in diversifying away from the dollar.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}