Amid growing investor sentiment for safer assets, the volume of gold traded in South Korea reached a new high on Friday after setting a record just Thursday.
 
The gold turnover at the Korea Exchange recorded 56-point-seven kilograms on Friday, the largest daily amount since the market opened in March 2014.
 
The previous record was just set on Thursday at 46-point-five kilos.
 
The price of gold has also spiked eight-point-six percent in two days to 48-thousand won, or just below 40 dollars per gram, also the highest since market opening.
 
The surge is attributed to falling global oil prices and increasing volatility in the global financial markets which is driving investments in safer assets.