TV host Kim Gu-ra triples returns from long-term gold investment

Kim Gu-ra shares his gold investment story on his YouTube channel GreeGu-ra. Captured from his YouTube channel

TV personality Kim Gu-ra has revealed that a gold purchase he made five years ago has more than tripled in value — thanks to a patient, long-term approach and a timely word from his wife.

In a video uploaded Saturday to his YouTube channel, GreeGu-ra, titled “Kim Gu-ra’s Secret to Tripling Returns with Gold,” the veteran entertainer shared — during a shoot for KBS’ web variety show “Gurachul” — how he invested about 100 million won ($72,000) in gold.

“I stopped by a gold exchange while filming and thought it might be a good investment,” Kim said. “Since you have to pay a 10 percent value-added tax upfront, it actually cost me around 110 million won. I bought one 1-kilogram bar and an extra 350 grams.”

At one point, when gold prices surged and the value of his holdings exceeded 200 million won, Kim considered selling. But his wife stopped him.

“She told me, ‘You’re not in a hurry for cash, so why sell now? Just keep it,’” he recalled. “Honestly, I thought I had a better sense for money, but women really have intuition. So I decided to hold on.”

That decision paid off. “Recently I checked and saw gold nearing 4 thousand dollars per ounce,” he said. “My gold is now worth about 340 million won.” When fellow host Kim In-man joked, “Then you owe your wife 100 million won,” Kim burst out laughing: “That’s not going to happen.”

Financial experts featured on his YouTube channel said Kim’s success in gold investment stemmed from patience and consistency rather than from chasing trends or short-term gains.

This article from the Hankook Ilbo, the sister publication of The Korea Times, is translated by generative AI and edited by The Korea Times.