Gold Frenzy Grips Korea as Bank Gold Accounts Surpass ₩1.1 Trillion and Bullion Demand Soars

SEOUL, May 7 (Korea Bizwire) — Surging gold prices have ignited a wave of investor enthusiasm in South Korea, pushing gold-linked bank deposits to record highs and triggering a nationwide shortage of physical gold bars. According to data from major South Korean banks, gold banking balances — which allow investors to buy and sell gold through [...]