🇰🇷Platinum Rate in Gwangyang Today
The platinum rate in Gwangyang today is ₩231,874 per don for 18K, based on an international spot price of $1,854.00 per troy ounce. That is down ₩2,114 from the previous close. This is the international spot price converted into KRW for Gwangyang. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of South Korea's larger markets, with a population of around 154,266. The KRW has strengthened 0.101% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Gwangyang — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ₩82,444 | ₩75,574 | ₩72,139 | ₩61,833 | ₩48,092 |
| 1 Don (3.75 g) | ₩309,166 | ₩283,402 | ₩270,520 | ₩231,874 | ₩180,347 |
| 1 Troy Ounce (31.1035 g) | ₩2,564,302 | ₩2,350,610 | ₩2,243,764 | ₩1,923,226 | ₩1,495,843 |
| 1 Kilogram (1,000 g) | ₩82,444,214 | ₩75,573,862 | ₩72,138,687 | ₩61,833,160 | ₩48,092,458 |
All figures in KRW (Won). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Platinum rate in Gwangyang — questions
What is the platinum rate in Gwangyang today?
The platinum rate in Gwangyang today is ₩231,874 per don for 18K, and ₩309,166 per don for 24K. These are live figures converted from international spot at the current KRW exchange rate.
What is the price of 1 gram of gold in Gwangyang?
One gram of 24K platinum costs ₩82,444 in Gwangyang, and 22K costs ₩75,574 per gram. 18K works out at ₩61,833.
Why is 22K cheaper than 24K in Gwangyang?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is ₩6,870 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Gwangyang different from other cities?
The underlying metal price is identical everywhere in South Korea — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.