Why is Potassium (K) a paramagnetic?

Experimental evidence of magnetic measurements supports the theory of high- and low-spin complexes. Remember that molecules such as O2 that contain unpaired electrons are paramagnetic. Paramagnetic substances are attracted to magnetic fields. Many transition metal complexes have unpaired electrons and hence are paramagnetic. Molecules such as N2 and ions such as Na+ and [Fe(CN)6]4− that contain no unpaired electrons are diamagnetic. Diamagnetic substances have a slight tendency to be repelled by magnetic fields.

Explanation:

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yes it is balanced