Gold Premium & Discount in Korea

We provide Gold Premium & Discount(Gold Kimchi Premium) in Korea; the divergence between the international gold price (XAU/USD) and Korea gold price (KRX Gold Spot). The dashboard shows KRX spot and international gold. The chart displays the premium/discount alongside spot prices. All data update every 15 minutes in real time.

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Gold Price

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Korea Gold Live

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Global Gold Live

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$ – ($/oz)

USD/KRW Live

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Premium

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Korea Gold Premium

1h 30m 15m

1h 30m 15m

📈 Gold Analysis

• Gold Kimchi Premium
• Silver Kimchi Premium
• Gold ETF
• Silver ETF
• Today’s Gold Price Outlook
• Gold Silver Historical Returns
• Gold Silver Ratio Chart

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Gold Kimchi Premium Historical Chart

2Y 5Y 10Y MAX

2Y 5Y 10Y MAX

Recent 2-Year Data

Date	Korea Gold	Global Gold	Price Diff	Premium	250SMA	Pre Diff
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Why International and Domestic Gold Prices Differ

While the benchmark price is formed in global markets such as London/New York (USD/oz), Korea’s actual retail price can differ due to the following:

• Exchange rate (KRW/USD): FX translation effects
• Taxes/fees: VAT, transaction fees
• Spread: Bid–ask gap and tick size
• Premiums: Brand, product form (bar/coin), fabrication & packaging
• Time zone & trading hours: Update timing differences between global and domestic markets
• Supply & distribution costs: Local physical supply, logistics/storage, and hedging costs

As a result, a premium/discount (divergence) can emerge between the international and domestic gold prices.

Converting the International Price to KRW per Gram

International gold price (KRW/g) = International gold price (USD/oz) × FX (KRW/USD) ÷ 31.1035

• International gold price: 2,450 USD/oz
• FX rate: 1,390 KRW/USD
• KRW/g (reference): 2,450 × 1,390 ÷ 31.1035 = 109,455 KRW/g

※ The ounce used for precious metals is the troy ounce (1 oz ≈ 31.1035 g), which differs from the everyday avoirdupois ounce.

How to read the Historical Premium Chart

• KRX gold price: KRX Gold Spot (Korea Exchange)
• Global gold price: XAU/USD converted to KRW
• Premium: Percentage deviation between South Korea and global gold prices
• 250SMA: 1-year average of the premium (250 trading days)
• Views: The default 2Y shows daily data; 5Y / 10Y / MAX show weekly data.

Data Update Notice

• The Gold Kimchi Premium chart updates every 15 minutes.
• The Gold Kimchi Premium historical chart is updated daily at 4:00 PM KST (UTC+9) after the KRX gold market closes (business days only).
• Possible delays: Depending on data providers and network conditions, updates may be delayed by a few seconds to several minutes.
• Please check the “Last Updated” time at the top of the page.
• No updates on weekends.

이 포스팅은 쿠팡 파트너스 활동의 일환으로, 이에 따른 일정액의 수수료를 제공받습니다.

Q&A

Q1. If the international gold price rises, does the domestic price always move by the same percentage?
A. Not necessarily. Exchange rate, spreads, taxes, and premiums all interact, so the magnitude of moves can differ.

Q2.Why do stores quote different prices for the same 1 g of gold?
A. Brand, packaging, certification, fabrication, inventory, and operating costs differ, which affects the selling price and spread.

Q3. From an investment perspective, is a high domestic divergence a buy/sell signal?
A. Divergence can reflect costs, regulations, or risks. Confirm FX, taxes, trading rules, and all-in execution costs before acting.

Q4. What are the data sources for the charts above?
A. Domestic gold: KRX Gold Spot; International gold: XAU/USD; FX: KRW/USD.

Q5. When do the dashboard and charts update?
A. The Gold Kimchi Premium chart updates every 15 minutes, and the historical chart updates daily at 4:00 PM (KST). There are no updates on weekends.

Q6. The Korea gold premium hit ~20% in Oct 2025—why?
Multiple factors likely overlapped:

• FX surge (KRW weakness) → International gold translated into KRW spiked.
• Physical supply tightness → Low dealer/bank inventories, delayed inbound, processing/logistics bottlenecks. For instance, a major Korean gold retailer reportedly paused silver-bar sales due to shortages.
• Tax/market structure → KRX spot gold is VAT-exempt, attracting demand.

Exact diagnosis requires checking FX, volumes, inventories, and inbound schedules at that time.

Q7. Why call the Premium & Discount the “Kimchi Premium”?
“Kimchi Premium” originally described crypto trading in Korea at premiums vs. global prices due to capital flows, FX/frictions, regulation/tax timing, and local supply/demand. By analogy, the term is used to explain domestic–global price gaps in gold (premium/discount). It’s a colloquial label, not an official term.

Disclaimer

• This page is for information purposes only. All investment decisions and outcomes are the user’s responsibility.
• No unauthorized copying or redistribution. Automated data collection is restricted by our anti-scraping policy.