Silver Rises Over 120% YTD  Invest Now  arrow small top right

close

(888) 319-8166

Sign In
Sign In

Gold Rush in Seoul: Political Chaos and Currency Fears Empty South Korean Vaults

Published: 03-06-2025, 09:20 am | Updated: 03-06-2025, 07:32 am

South Korea is running out of gold bars. The national mint (KOMSCO) stopped sales last month because they can’t get enough raw materials. Even Seoul’s gold vending machines have sold out completely.

Why the gold rush? Retail investors are seeking safety during political chaos. President Yoon faces impeachment, and acting presidents have sparked controversy. This political turmoil coincides with Trump’s White House return and fears of new trade wars.

As the Korean won fell 11% against the dollar in late 2024, gold investment jumped 29%. Investors are abandoning South Korea’s disappointing stock market (which lost ₩224.88 billion from individual investors) in favor of gold’s better returns.

This shortage isn’t just happening in Korea. Gold is being redirected to the United States as traders prepare for Trump’s threatened tariffs on Canada and Mexico.

Original Source: CNBC

Why Is Silver Up Today? The Iran Deal Changed the Fed Math
News

Why Is Silver Up Today? The Iran Deal Changed the Fed Math

Silver is up while oil burns down. Most headlines are calling it a peace trade. They have the mechanism backwards. The real driver isn’t the war ending — it’s what cheaper oil does to Fed rate-hike expectations, real yields, and silver’s opportunity cost. Here’s the chain most coverage is missing.

Read More »
June 16, 2026
Silver American Eagle coin resting on a wooden desk beside a printed price chart and white coffee mug — silver price outlook June 2026
Articles

Silver Price Outlook June 2026: The Correction Was the Setup

Silver has fallen 42% from its January 2026 all-time high of $121.62. Most investors are reading that as a failed rally. We think it’s the opposite. Here’s what the data, the supply deficit, and the gold-silver ratio are actually saying about where silver goes from here.

Read More »
June 15, 2026

Latest News

News
Gold Holds at $4,347 While Stocks Hit All-Time Highs. Here’s Why.
Read More
News
Why Is Silver Up Today? The Iran Deal Changed the Fed Math
Read More
Articles
Silver Price Outlook June 2026: The Correction Was the Setup
Read More
Why Is Silver Up Today? The Iran Deal Changed the Fed Math
News

Why Is Silver Up Today? The Iran Deal Changed the Fed Math

Silver is up while oil burns down. Most headlines are calling it a peace trade. They have the mechanism backwards. The real driver isn’t the war ending — it’s what cheaper oil does to Fed rate-hike expectations, real yields, and silver’s opportunity cost. Here’s the chain most coverage is missing.

Read More »
June 16, 2026
Load More

(888) 319-8166

Create An Account

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.