Gold Prices Surge 18%, Fueling Gold Investment Boom

International gold prices have surged by 18% in about a month, reaching nearly $4,700 per ounce.

This significant increase has sparked growing interest in various investment methods, including buying physical gold directly and investing through bank accounts or securities.

Buying physical gold, such as gold bars, comes with no taxes on capital gains, but buyers must pay value-added tax and purchasing commissions. In contrast, investing in a bank gold account allows for smaller investments, but profits are subject to taxation.

Another option is using a securities account, where investors can buy and sell gold like stocks on the KRX Gold Market or make indirect investments through ETFs. These methods come with no value-added tax or capital gains tax burdens.