International gold prices rose the most in four months on the 17th (local time).

On the same day, gold for December delivery on the New York Merchandise Exchange closed at $1,998.70, an increase of 2.5% ($48.90) per ounce.

According to the fact set of a financial information company, it is the largest increase since April 22 in terms of amount (dollar).

Gold prices, which fell for the first time in 10 weeks in weekly prices last week, hit $2,000 per ounce again, attributed to U.S. Treasury yields and a weak dollar.

The main reason for lowering the gold price was that investment demand, which was focused on gold, was diversified to other safe assets due to the recent increase in US Treasury yields and the recovery of the dollar value.

However, on the same day, the 10-year Treasury yield was 0.676%, a noticeable drop from 0.708% on the previous trading day, and the dollar index, which shows the value of the dollar against the currencies of major countries, fell 0.1%.

In particular, the disclosure of the fact that Berkshire Hathaway, led by Warren Buffett, the'investment guru', bought stocks of Barrick Gold, the world's second-largest gold mining company in the second quarter, ignited the'Gold Rush' again.