NH Investment & Securities (005940.KS) has launched a "gold savings" service linked to the KRX gold spot market in partnership with Toss Bank.
According to NH Investment & Securities on Wednesday, the gold savings service allows users to automatically accumulate gold for a fixed amount on a monthly or weekly basis through its "regular purchase" function. It is the first accumulation-type gold investment service based on the KRX gold spot market among Korean brokerages.
The service is available immediately after opening a dedicated gold spot trading account through the "Grow Your Savings" feature in the Toss Bank app. Investments start from a minimum of 1 gram, and any Korean resident aged 19 or older can open an account.
Unlike regular gold funds or exchange-traded funds (ETFs), the service does not impose separate taxes on capital gains from trading. The company expects strong interest from customers who prefer stable assets amid interest rate fluctuations and market uncertainty, and who favor accumulation-style investing in small amounts over lump-sum investments.
NH Investment & Securities explained that it chose Toss Bank as its partner after noting growing interest in gold as a physical asset, particularly among younger demographics sensitive to financial trends, and recognizing Toss Bank's large user base in that demographic. The company plans to gradually expand the service's scope and distribution channels based on customer response.
"The key to this gold savings service is that it is designed not simply to trade gold as an asset, but to allow customers to naturally accumulate it as part of their everyday financial behavior," said Kang Min-hun, head of NH Investment & Securities' digital business division. "We will continue to lower the barriers to investing and asset management and provide a more intuitive financial experience."
