Verified live · Gold · gold-api.com + xaus.com
Gold Price in South Korea Today
Live 24K gold rate in KRW, per gram. Every purity, every weight.
↻ Refreshes automatically every 5 minutes
At a glance
South Korea market summary
- Region
- Asia
- ISO code
- KR · KOR
- Currency
- KRW — South Korean Won
- Preferred weight
- Gram (g)
Today's Gold Market Summary in South Korea
Gold prices in South Korea are calculated from the international XAU/USD spot price and the latest KRW exchange rate. The displayed spot-derived value does not include local dealer premiums, taxes or jewellery making charges.
Recently, South Korea's average gold price has been ₩194,607.44 per gram.
What moves this price day to day, and how purity and weight change what you actually get →
Quick Facts
Country
South Korea
Currency
KRW
Default Unit
Gram
Data Source
gold-api.com + xaus.com
About gold in South Korea
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.
Market notes for South Korea
South Korea applies its standard 10% VAT to both physical gold bars and jewellery, though gold traded on the Korea Exchange (KRX) gold market is VAT- and capital-gains-tax-free as long as it stays within the exchange -- VAT only applies once a trader takes physical delivery.
Buying gold in South Korea
Buying gold through the Korea Exchange rather than a physical retail dealer avoids South Korea's 10% VAT entirely, as long as the gold remains on the exchange rather than being physically withdrawn -- worth knowing if comparing an exchange-traded price to a retail quote.
Tax and duty notes for South Korea
South Korea's standard 10% VAT applies to physical gold bars and jewellery bought through retail channels. Gold traded on the Korea Exchange (KRX) gold market avoids both VAT and capital gains tax as long as it isn't physically withdrawn; once a trader takes physical delivery, the standard 10% VAT applies. Personally-held gold, coins or jewellery sold by an individual is generally not subject to capital gains tax under Korea's Income Tax Act, since gold isn't explicitly listed as a taxable capital asset for individuals.
Sources
What the South Korea research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- BullionStar — Learn About South Korea's Gold Market
Supports: KRX gold market's VAT/CGT-free trading status while gold stays on-exchange, and 10% VAT on physical delivery
Checked Sep 1, 2026
- PwC Worldwide Tax Summaries — Korea, Republic of: Other taxes
Supports: South Korea's 10% standard VAT rate
Checked Sep 1, 2026
Live prices
By purity · per g
- 24 karat24 Karat (999.9)₩190,440.69per g
- 22 karat22 Karat (916.7)₩174,594.44per g
- 21 karat21 Karat (875)₩166,652.27per g
- 18 karat18 Karat (750)₩142,844.80per g
- 14 karat14 Karat (583.3)₩111,095.16per g
- 10 karat10 Karat (416.7)₩79,364.57per g
Gold Price by Purity
Live prices in KRW.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | ₩190,440.69 | ₩5,923,367.57 | ₩2,221,262.84 | ₩190,440,689.51 |
| 22 karat (916.7) | ₩174,594.44 | ₩5,430,494.10 | ₩2,036,435.29 | ₩174,594,439.52 |
| 21 karat (875) | ₩166,652.27 | ₩5,183,464.97 | ₩1,943,799.36 | ₩166,652,268.55 |
| 18 karat (750) | ₩142,844.80 | ₩4,442,969.97 | ₩1,666,113.74 | ₩142,844,801.62 |
| 14 karat (583.3) | ₩111,095.16 | ₩3,455,445.85 | ₩1,295,792.19 | ₩111,095,163.71 |
| 10 karat (416.7) | ₩79,364.57 | ₩2,468,514.12 | ₩925,692.79 | ₩79,364,571.78 |
Gold Calculator
Calculate the value of any amount of gold in any purity and currency.
Estimated value
₩190,440.69
₩190,440.69 per gram at selected purity
Trend
Last 30 days
Per gram · KRW
- Change
- -1.72%
- Low
- ₩187,393.80
- High
- ₩204,687.24
Historical data is presented from the site's retained market samples and daily rollups.
View full history →Currency
About the South Korean Won (KRW)
Gold in South Korea is quoted in South Korean Won (KRW, ₩). Our engine converts the international spot price using the live USD/KRW exchange rate.
- 1 USD in KRW
- 1,360.36
- 1 KRW in USD
- 0.000735
- Decimals
- 0
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.
Gold weight units
Gold terminology for this page
Explore KmalServico
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.