Systematic study on relationship between celadon coloring and glaze component was conducted by chromaticity analysis and M$ddot{o}$ssbauer spectroscopic analysis. The chromaticity ($L^*$, $a^*$, $b^*$ values) and M$ddot{o}$ssbauer analysis results were correlated to the amount of $Fe_2O_3$, $TiO_2$, MnO, and $P_2O_5$, which are the essential factors influencing celadon coloring. According to chromaticity analysis, celadon glaze color belongs to GY group when the addition of $TiO_2$ was 1.4%, whereas the color belongs to BG group when the addition of $TiO_2$ was 0.1%. For the GY group, the colors change from GY to YR with the decrease of brightness as the addition of $TiO_2$, MnO, and $P_2O_5$ increases. According to M$ddot{o}$ssbauer analysis results, as the amount of divalent iron ion increases, the $a^*$ and $b^*$ values decrease, on the other hand, $L^*$ value increases. The ratio of divalent iron ion produced in reductive sintering process is found to be 80~95% in this study, which induces the increase of $L^*$ values in celadon glaze.