WORLD GOLD · KOR

Gold in South Korea: price, reserves and trade

Local price in KRW, central-bank activity, gold imports and exports and macro context — every figure with its source and date.

Gold price in KRW

Per gram (999.9)₩195,817
Per troy ounce₩6,090,578
USD/KRW rate1,373.98
30-day change+6.37%

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

PurityFine gold1 g metal value5 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

1 g · 999.9₩195,817
5 g · 999.9₩979,083
10 g · 999.9₩1,958,166
20 g · 999.9₩3,916,333
50 g · 999.9₩9,790,832
100 g · 999.9₩19,581,664

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

Exports (2024)$1.2B21 t

Source: UN Comtrade public preview, HS code 7108. Annual aggregated data; some values are estimates and reporting may be incomplete.

Macro context

GDP · 2025$1.9T
Population · 202551.7M
Trade, % of GDP · 202586.4%
Inflation, % y/y · 20252.1%

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.

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