Bank of Korea Diversifies Reserves with First Gold Investment in 13 Years

The Bank of Korea has made its first investment in gold-related assets in 13 years. According to Bloomberg Economics, the central bank's re-engagement with gold investments includes acquiring gold-linked exchange-traded funds and domestically produced bullion.

This move is part of a broader strategy to diversify its reserve assets and enhance reserve management. The Bank of Korea's gold holdings stood at 104.4 metric tons as of June 2026, representing about 1.1% of its foreign-exchange reserves.

The renewed activity in gold investments by a major central bank appears to have implications for the broader gold market. Market participants are observing these developments as a potential indicator of increased central bank interest in gold, which may influence market pricing.