Gold price in KRW
Computed value (XAU/USD × official rate, 2026-08-31); local premiums and taxes are not included. Details and purity table on the KRW price page.
Gold value by purity in KRW
| Purity | Fine gold | 1 g metal value | 5 g metal value |
|---|---|---|---|
| 999.9 (24 karat) | 99.99% | ₩195,797 | ₩978,985 |
| 958 (23 karat) | 95.8% | ₩187,592 | ₩937,962 |
| 916 (22 karat) | 91.6% | ₩179,368 | ₩896,840 |
| 750 (18 karat) | 75.0% | ₩146,862 | ₩734,312 |
| 585 (14 karat) | 58.5% | ₩114,553 | ₩572,764 |
| 375 (9 karat) | 37.5% | ₩73,431 | ₩367,156 |
Computed bar values in KRW
This is the contained metal value, not a bank, pawnshop or dealer quote. Buy and sell prices differ because of spreads, condition, fees and local premiums.
Central-bank reserves
This country is not singled out in the current World Gold Council quarterly snapshot.
What the data says
A gram of 999.9 gold in South Korea costs 195,817 KRW at an official rate of 1,373.98 per dollar (as of 2026-08-31).
The capital is Seoul, the World Bank region is East Asia & Pacific and the income group is High income.
UN customs data for 2024 shows exports of 1.2 bn USD under HS code 7108.
Macro context from the World Bank: GDP at $1.9T in 2025; Population at 51.7M in 2025; Trade, % of GDP at 86.4% in 2025.
International gold trade
Source: UN Comtrade public preview, HS code 7108. Annual aggregated data; some values are estimates and reporting may be incomplete.
Macro context
Source: World Bank Indicators.
Frequently asked questions
How much does a gram of gold cost in South Korea?
The computed price of one gram of 999.9 gold is ₩195,817 at the official KRW rate (2026-08-31). Actual bank and dealer prices in South Korea are higher by the local premium, taxes and fees.
Is the central bank of South Korea buying gold?
This country is not singled out in the current World Gold Council quarterly snapshot. The section updates after each quarterly report.
Where does the gold trade data for South Korea come from?
Gold imports and exports come from the UN Comtrade public preview under HS code 7108 (aggregated annual data, may be estimates). Macro indicators come from the World Bank. The full catalogue is on the Sources page.