South KoreaGold Price Today in South Korea (22K)
Today's 22K gold price in South Korea in KRW: the global spot ounce (live median of Binance, Coinbase and Kraken via PAXG/USD) converted to KRW at an hourly FX rate, divided by 31.1035 g and scaled by purity.
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<a href="https://goldpricesarabia.com/en/south-korea/gold-price/22k"><img src="https://goldpricesarabia.com/charts/gold/krw/1y?lang=en&unit=oz" width="1200" height="630" alt="Gold price chart in South Korean Won per troy ounce, 1 year" loading="lazy"></a>
<p style="font:12px sans-serif"><a href="https://goldpricesarabia.com/en/south-korea/gold-price/22k">Source: Gold Prices Arabia</a></p>What 22K gold actually is
91.7% pure · 22/24 · hallmarked 91622K is 91.7% gold — twenty-two parts gold to two parts alloy, stamped 916. That small amount of copper and silver is enough to hold a shape without dulling the deep yellow that buyers in South Asia and the Gulf associate with real gold.
It is the wedding-and-inheritance karat: bangles, heavy necklaces and the sets given at marriage, bought as much for the weight they hold as for the design. India in particular prices most of its jewellery trade at 916, and the hallmark is checked as routine.
The trade-off is durability. 22K still marks more easily than 18K, so it suits pieces worn on occasions rather than rings worn daily through washing-up and work — which is why the same shop will sell you a 22K necklace and an 18K ring without contradiction.
The dominant retail karat in South Korea is 24K, so 22K is usually a deliberate choice here — bought for what it does better, not because it is what the shop happened to have.
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South Korea gold market
South Korea's retail gold market centres on 24K gold (99.9% pure), quoted locally per gram in KRW. As a free-floating currency, the KRW means prices also reflect daily KRW/USD exchange-rate moves. Korean gold is traditionally weighed by the 'don' (3.75 g), and pure 24K is favoured for both gifts and investment.
Common questions about 22K gold in South Korea
- How is the 22K gold price in South Korea calculated?
- The 22K per-gram price in South Korea is computed as: spot ounce price (XAU/USD) ÷ 31.1035 g × purity ratio × KRW/USD FX rate. The spot price is sourced from Binance, Coinbase and Kraken via PAXG/USD, refreshed every second.
- Why does the gold price differ between shops in South Korea?
- The raw spot price is the same across all shops. Differences come from three factors: (1) making charges (5-30 local units per gram), (2) retailer margin (3-10%), (3) local tax if applicable. The price shown here is the floor reference before any add-ons.
- How often is the South Korea gold price updated?
- The spot ounce price refreshes in real time via WebSocket (multiple times per second). The KRW/USD FX rate refreshes hourly from open central-bank data. The table above reflects the latest available price.
Today's price, every morning
We post the gram price for South Korea on Instagram every day — 24K, 22K, 21K and 18K, with the daily move.
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