Is Gold Investment Still Valid Amid Soaring Gold Prices? | Seok Ji-hyun, Vincent

Summary

Seok Ji-hyun, a private banker, joins host Vincent to argue that gold remains a valid portfolio asset even after its steep rise. She is also bullish on silver because industrial demand is outpacing inelastic supply. Much of the discussion focuses on practical implementation: KRX gold spot, gold banking, physical gold costs, tax-advantaged accounts, gold ETFs, and the domestic Kimchi premium. She stresses tax efficiency and portfolio diversification.

• Gold is discussed as a still-valid portfolio hedge despite its sharp rally.
• Silver is framed as a structural supply-deficit market driven by industrial demand.
• KRX gold spot is presented as the most tax- and cost-efficient gold route in Korea.
• Retail physical gold and general-account gold ETFs are shown as less efficient.
• Gold banking is described as useful only for very small purchases.
• Tax-advantaged accounts are highlighted for gold and silver ETF exposure.
• The gold Kimchi premium is flagged as a purchase-timing check.
• Korean silver ETF access is described as limited, especially outside ISA and pension accounts.