Korea Investment & Securities has introduced a 24-hour real-time international spot gold price service on its mobile trading system (MTS) and home trading system (HTS), the company said Friday.
Gold trades around the clock in global markets. Until now, Korean brokerages had provided only previous-day closing prices or delayed quotes based on Korea Exchange (KRX) spot gold prices.
Korea Investment & Securities receives real-time prices through Morningstar, a global financial data specialist, based on actual transaction prices from the London Bullion Market Association (LBMA) and global investment banks. Investors can also check the gap between international and domestic prices in real time.
Korea Investment & Securities is running promotional events through the end of June. The first 20,000 customers who open a new spot gold account during the period will immediately receive 10,000 won in cash, while investors who actually purchase spot gold will be entered into a drawing for additional benefits of up to 500,000 won. The account can be opened through Korea Investment & Securities' own MTS as well as through the partnered Toss app.
