Rising Market Uncertainty... Gold and Silver Climb Together [3-Minute Brief]

[At a Glance]
1. Gold and silver rise together... Driven by dollar weakness and growing preference for safe-haven assets
2. Hidden assets in financial sector, including dormant deposits, reach 18 trillion won... "Low refund rates"
3. Toss FacePay surpasses 400,000 users... "Aiming to reach millions by year-end"

MARKET INDEX : Year to date

○The New York stock market fell across the board due to a ruling that tariffs were illegal and rising Treasury yields.

○The U.S. government may be required to refund tariffs, raising concerns about fiscal stability.

○The historical September market slump jinx is also dampening investor sentiment.

Top 3 NEWS

■ Gold and silver rally amid Trump risk... Fallout from Fed shake-up and tariff instability

○The dollar wavered on concerns about the Federal Reserve's independence
○Safe-haven assets gold and silver see direct inflows
○Gold hits a four-month high... Silver reaches $40 for the first time in 14 years

■ Which banks have the highest dormant account refund rates? ... Gwangju Bank, Kakao Bank, KB Kookmin Bank

○Financial Supervisory Service releases data on 'hidden financial assets'
○Average dormant account refund rate over three years is 28.9%
○Banks and savings banks have lower refund rates

■ "Face is your wallet" Toss FacePay surpasses 400,000 users... Offline payments expand nationwide

○Merchant partnerships to expand to 300,000 by year-end and 1 million by 2026
○100% Korean technology... The only service to pass the Personal Information Protection Commission's pre-adequacy review
○Pulling ahead of competitors like Shinhan Card and Naver Pay

Graphic News: The 'Minsheng Coupon' boosts consumption... Top usage category revealed

○Analysis of Nonghyup Bank card payment data

○Korean restaurants accounted for 19.4% of usage

○Eyewear shops saw the highest growth in consumption rate

the Chart: Samsung Biologics faces prolonged stock slump ahead of split

○Stock price fell below 1 million won in just two months

○Foreign and institutional selling continues

○Stock recovery unlikely before the split

Today's Key Schedule

○Domestic

○International

03:00 U.S. President Trump's speech

09:30 Japan Services Purchasing Managers' Index (August)

10:45 China Caixin Services Purchasing Managers' Index (August)

18:30 Germany 10-year Bund auction

23:00 U.S. Department of Labor JOLTS (Job Openings and Labor Turnover Survey) (July)

◇Lunch & Evening Commute Weather

○Lowest temperature: 23℃(0℃) ｜Highest temperature: 32℃(0℃)
○Chance of precipitation: 0% in the morning ｜ 20% in the afternoon
○Fine dust: Good in the morning ｜ Good in the afternoon

3 minutes is all you need. Essential, time-saving, value-for-money economic news. Published every day at 8:00 a.m.