XAUK
XAU/KRW
Market Open
15 Jun, 12:41
₩
6,567,465. 10
+80,547
+1.2417%
₩
762 Volume
₩ 6,486,918.1
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XAUKRW Overview
XAUKRW is the exchange rate expressing the value of gold (XAU) quoted in South Korean won (KRW). It indicates how many won are needed to purchase one troy ounce of gold and is used to track the relative price of the precious metal versus Korea’s currency.
XAU denotes one troy ounce of gold as a tradable asset rather than a national fiat currency. Gold is a globally traded commodity and monetary asset, not issued by any single country or central bank; instead, its price is set on international bullion markets and it is widely held by central banks as a reserve asset.
The South Korean won (KRW) is the official fiat currency of the Republic of Korea and serves as the domestic medium of exchange. Banknotes and coins are issued and regulated by the Bank of Korea, which also implements monetary policy affecting the won’s liquidity and value.
The XAUKRW rate is driven by bullion market supply and demand and by currency market flows. Interest rate differentials, inflation expectations, central bank actions, and geopolitical events all influence demand for gold and for the won. Domestic economic data and FX interventions can also move the pair.
Market participants monitor XAUKRW for pricing, hedging and speculative purposes. It is relevant to importers, jewelers, miners, investors seeking a safe haven, and traders managing currency and commodity exposure.
XAU denotes one troy ounce of gold as a tradable asset rather than a national fiat currency. Gold is a globally traded commodity and monetary asset, not issued by any single country or central bank; instead, its price is set on international bullion markets and it is widely held by central banks as a reserve asset.
The South Korean won (KRW) is the official fiat currency of the Republic of Korea and serves as the domestic medium of exchange. Banknotes and coins are issued and regulated by the Bank of Korea, which also implements monetary policy affecting the won’s liquidity and value.
The XAUKRW rate is driven by bullion market supply and demand and by currency market flows. Interest rate differentials, inflation expectations, central bank actions, and geopolitical events all influence demand for gold and for the won. Domestic economic data and FX interventions can also move the pair.
Market participants monitor XAUKRW for pricing, hedging and speculative purposes. It is relevant to importers, jewelers, miners, investors seeking a safe haven, and traders managing currency and commodity exposure.
XAUKRW Chart
XAUKRW FAQ
What is the current XAU/KRW price?
The current rate is ₩6,567,465.100000, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the XAU/KRW rate changed today?
The rate has changed by +80,547 (+1.2417%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ₩6,486,918.100000, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is XAU/KRW moving up or down?
Movements in XAU/KRW are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+1.2417%) is based on the difference between the current rate and the previous closing rate.
Is XAU/KRW trending up or down right now?
If the current rate (₩6,567,465.100000) is above the previous close (₩6,486,918.100000), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for XAU/KRW directly on this page.
