KOSPI surpasses 5,000 for the first time in history… Gold reaches 1 million won per 1 don, stocks and gold both hit all-time highs.

Recently, the domestic stock market has set a new milestone, with the KOSPI surpassing the 5,000 mark for the first time in history. This is an incredible achievement reached after 46 years since the index was introduced in 1980, bringing hope to many investors. Additionally, with the stock market booming, gold prices have reached 1 million won per don, further increasing the preference for safe assets. Now, let’s check each detail below.

KOSPI breaks 5,000 for the first time in 46 years The domestic stock market has set a new milestone. The KOSPI has exceeded the 5,000 mark for the first time since the index was calculated.

According to the Korea Exchange on the 22nd, the KOSPI started at 4,987.06 points, up 1.57% from the previous trading day, and immediately surpassed 5,000 in the early trading session, setting a new all-time high. This level has been achieved for the first time in 46 years since the KOSPI index was introduced in 1980, and it successfully leveled up again just over two months after first exceeding the 4,000 mark on October 2025.

Large-cap rally led by ‘160,000 Electronics’

At the center of the index surge were large-cap stocks. Samsung Electronics reached a peak price of 160,000 won during the trading session, earning the nickname ‘160,000 Electronics’ in the market, while other top market capitalization stocks like SK Hynix and Hyundai Motors continued their upward rally.

The favorable winds from overseas markets also had an impact. U.S. President Donald Trump announced a framework for the Greenland agreement and stated that he would postpone additional tariffs on Europe, leading major indices on the New York Stock Exchange to close strongly, and this optimism was reflected in the domestic stock market as well. In the early trading session, individual investors in the securities market pushed the index up with net purchases exceeding 400 billion won.

Stocks are soaring… The love for ‘gold’ intensifies

Interestingly, despite the booming stock market, the trend of preference for safe assets is becoming stronger. According to the Korea Gold Exchange, the purchase price of pure gold at 1 don (3.75g) has recorded 1,000,900 won for the first time, opening the door to the ‘1 don 1 million won era.’

Gold prices, which were around 530,000 won per don at the beginning of 2025, have soared nearly 90% in just one year. International gold prices have also surpassed $4,800 per ounce, continuously breaking all-time highs. The prolonged conflict between the U.S. and Europe over Greenland is interpreted as a factor stimulating investment sentiment due to heightened geopolitical tensions.

Gold ETFs and silver prices also rise together

The first gold spot ETF listed in the country, **’ACE KRX Gold Spot ETF’**, is experiencing a significant influx of funds. Its net assets have surpassed 4 trillion won, effectively serving as a ‘digital vault’ for individual investors.

The price of silver, which has a large share of industrial demand, is no exception. Concerns over supply shortages and expectations for economic recovery are driving silver prices sharply upward, prompting some investors to turn their attention to a ‘basket strategy’ that includes both gold and silver.

Experts say “Even with short-term adjustments, preference for safe assets will continue”

Experts believe that the current trend of preference for safe assets is unlikely to be a short-term event. As long as geopolitical risks and uncertainties in monetary policy are not resolved, it is expected that gold prices will continue to follow a medium- to long-term upward trend, even if they undergo occasional adjustments.

While the stock market continues its record rally, funds are flowing into gold and silver, which are reaching all-time highs. The 2026 market is presenting a rare scenario where “both risky assets and safe assets are simultaneously hot.”