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Jewellery Heists Surge in South Korea Amid Gold Price Spike

1/30/2026

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Summary

Story summary

Jewellery-store thefts in South Korea have risen as gold prices top US$5,300 per ounce.
The rise follows waning confidence in dollar assets and comments by U.S. President Donald Trump about a weaker dollar.
Police reports show more attempted gold thefts, with suspects seeking quick cash.
A teenager was detained in Gwangju for a 30 million won bracelet.
Another teen was booked in Daejeon for 8 million won in bracelets.

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Story summary

Jewellery-store thefts in South Korea have risen as gold prices top US$5,300 per ounce.
The rise follows waning confidence in dollar assets and comments by U.S. President Donald Trump about a weaker dollar.
Police reports show more attempted gold thefts, with suspects seeking quick cash.
A teenager was detained in Gwangju for a 30 million won bracelet.
Another teen was booked in Daejeon for 8 million won in bracelets.