Gold price per troy ounce in South Korea
On November 5, 2026, one troy ounce of 24K gold in South Korea is worth 5,482,946 KRW; 22K is 5,022,378 KRW and 18K is 4,112,209 KRW.
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Price per troy ounce in KRW by karat
| Karat | Per troy ounce | Buy (bid) / gram | Sell (ask) / gram |
|---|---|---|---|
| 24K999 | 5,482,946 | 172,755 | 179,806 |
| 22K916 | 5,022,378 | 158,244 | 164,703 |
| 21K875 | 4,797,577 | 151,161 | 157,331 |
| 18K750 | 4,112,209 | 129,566 | 134,855 |
| 14K585 | 3,207,523 | 101,062 | 105,187 |
| 10K417 | 2,286,388 | 72,038.91 | 74,979.27 |
| 9K375 | 2,056,105 | 64,783.19 | 67,427.40 |
About this unit
Gold is priced internationally per troy ounce, which equals 31.1035 grams — about 10% heavier than the ordinary (avoirdupois) ounce of 28.35 g.
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KRW exchange rate
| 1 USD | 1,340.3113 KRW |
|---|---|
| 1 EUR | 1,506.1167 KRW |
| 1 GBP | 1,805.5805 KRW |
Gold spot price trend (USD/oz)
How the gold price in South Korea is calculated
We take the live spot price of 4,090.80 USD per troy ounce, divide it by 31.1035 to get 131.52 USD per gram of pure gold, and multiply by today’s exchange rate of 1,340.3113 KRW per dollar. That gives 176,281 KRW per gram for 24K. Lower karats are priced by their gold content.
In South Korea, gold is traditionally sold per don (3.75 g); the Korea Exchange runs a spot gold market quoted in won per gram.
Before you sell, weigh your pieces on a jeweler’s scale, check the hallmark and compare at least two quotes. Read our guide to selling gold.
More gold prices in South Korea
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