🪙 Gold Price in KRW
Gold and silver in won, yen or dollars, refreshed every 60s: per gram, don (3.75 g), ounce or kg, 18K/14K value, daily move split, 10-year chart. Not advice.
–
–What moved the price today
Change in local-currency price = change in the dollar price + change in the exchange rate + the overlap of the two. All versus the previous session's close.
–
Returns by period
| Period | – | – | – |
|---|---|---|---|
| Loading… | |||
If the start date was a holiday, the last trading day before it is used. Past moves do not predict future ones.
Value by weight
Metal value by purity and unit
| Purity | 1g | 1 don (3.75 g) | 10 don (37.5 g) | 1 oz t | 1kg |
|---|---|---|---|---|---|
| Pure gold 24Kcounted as 100% fine | – | – | – | – | – |
| 18K75% gold | – | – | – | – | – |
| 14K58.5% gold | – | – | – | – | – |
| Pure silvercounted as 100% fine | – | – | – | – | – |
Only the metal content converted at the international price. Excludes tax, dealer margins, making charges and buy-back deductions.
How this price is calculated
Formula
Price per gram = gold futures (USD per troy ounce) ÷ 31.1034768 × exchange rate. A don (3.75 g), ounce or kilogram multiplies that by the weight, and 18K or 14K further by the gold content (75% or 58.5%). Won uses USD/KRW, yen uses USD/JPY, and the dollar view applies no exchange rate.
Weight units
| 1 troy ounce | 31.1034768 g | Unit of the international price |
| 1 don (Korea) | 3.75 g | Basic unit of Korean retail gold prices |
| 10 don (1 nyang) | 37.5 g | |
| 1 kg | 1,000 g | About 32.15 troy ounces |
Why shop prices differ from this number
- The value here converts the COMEX gold or silver front-month futures price, which can differ from the spot price by a few dollars. A step can appear on the chart on the day the contract rolls.
- Retail selling prices add tax (10% VAT in Korea) and the dealer's margin, and buy-back prices deduct from it. Shops differ even on the same day.
- When 18K or 14K jewellery is bought back, a loss allowance is usually taken off the metal value. The table shows the gold content's value itself.