Gold Market Report
South Korea Gold Market Report
Independently researched coverage of the South Korea gold market, last verified Aug 26, 2026. 24K gold is currently ₩197,401.06 per gram.
See the live gold price page for South Korea →Research coverage
1 of 4 research sections published for South Korea.
- About this market
- Market notes(in progress)
- Buying guide(in progress)
- Tax & duty notes(in progress)
Gold Price by Purity
Live prices in KRW.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | ₩197,401.06 | ₩6,139,859.37 | ₩2,302,447.27 | ₩197,401,062.73 |
| 22 karat (916.7) | ₩180,975.65 | ₩5,628,971.99 | ₩2,110,864.49 | ₩180,975,651.77 |
| 21 karat (875) | ₩172,743.20 | ₩5,372,914.24 | ₩2,014,842.84 | ₩172,743,204.21 |
| 18 karat (750) | ₩148,065.60 | ₩4,605,355.07 | ₩1,727,008.15 | ₩148,065,603.61 |
| 14 karat (583.3) | ₩115,155.56 | ₩3,581,738.15 | ₩1,343,151.81 | ₩115,155,555.45 |
| 10 karat (416.7) | ₩82,265.25 | ₩2,558,735.28 | ₩959,525.73 | ₩82,265,249.36 |
Trend
Last 3 months
Per gram · KRW
- Change
- +9.21%
- Low
- ₩178,681.69
- High
- ₩207,326.40
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the South Korea gold market
A distinctive driver of everyday gold demand in South Korea is "doljanchi," the traditional first-birthday celebration, where guests customarily gift the baby small rings or tokens made of pure 24K gold as a wish for prosperity. This custom creates a steady, culturally rooted demand for small-gram gold pieces year-round, alongside a growing separate market for 24K investment bars traded through the Korea Exchange (KRX) Gold Market.
Read the full section on the live price page →Market notes
Research for this section has not been published yet. Check back as independent coverage expands.
Buying gold in South Korea
Research for this section has not been published yet. Check back as independent coverage expands.
Tax & duty notes
Tax and duty guidance for South Korea has not been independently verified yet. Confirm current rates with a local dealer or tax authority before transacting.
Related markets
More gold markets in Asia
South Korea's immediate sub-region doesn't list enough markets on its own, so this also includes other Asia countries.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from gold-api.com + xaus.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.