Korea Gold Exchange Archives | Be Korea-savvy
Sales of Gold Bars Soaring Amid Rising Tension on Peninsular

Sales of Gold Bars Soaring Amid Rising Tension on Peninsular

SEOUL, Aug. 14 (Korea Bizwire) – Sales of gold bars, regarded as a safe haven for investors, are increasing in South Korea amid escalating tensionwith North Korea, industry sources said Saturday. The Korea Gold Exchange, a local trader, said the average daily sales of100-gram gold bars reached 250 units since Wednesday, rising sharply from 50 units on average. Industry watchers said the demand for smaller gold bars is increasing as they are easier to carry compared [...]

Sales of Gold Bars Double: Korea’s Increasing Love for Small Gold Investment

Sales of Gold Bars Double: Korea’s Increasing Love for Small Gold Investment

SEOUL, Jan. 22 (Korea Bizwire) – Small investing in gold bars is gaining massive popularity in Korea. According to relevant industry experts, the sales of gold bars via the Korea Gold Exchange doubled from 704kg in 2013 to 1,383kg in 2014. The sales of gold bars during one month alone in December 2014 reached 381kg. Individuals [...]