Gold Price in China Today
Live CNY gold rate — updated in real-time from COMEX spot price
Gold Price by Karat in China
Per gram in CNY — live from COMEX
| Karat | Purity | Per Gram |
|---|---|---|
| 24K(pure) | 100.0% | ¥0.00 |
| 22K | 91.7% | ¥0.00 |
| 18K | 75.0% | ¥0.00 |
Gold Price by Weight (24K) — CNY
| Weight | Price (CNY) |
|---|---|
| 1 Gram | ¥0.00 |
| 5 Grams | ¥0.00 |
| 50 Grams | ¥0.00 |
| 100 Grams | ¥0.00 |
| 1 Troy Ounce (31.1g) | ¥0.00 |
| 1 Kilogram | ¥0.00 |
Gold Market in China
China is the world's largest gold consumer and the largest gold producer. The Shanghai Gold Exchange (SGE) sets China's domestic gold price benchmark. The People's Bank of China (PBoC) has been one of the most active central bank gold buyers globally since 2022. Chinese consumers strongly prefer 24K (足金, 999.9 pure) gold jewelry for its deep colour and investment value — in contrast to Western preference for 18K.
Frequently Asked Questions
What is the gold price in RMB/yuan today?↓
CNY gold price = COMEX USD/troy oz × USD/CNY exchange rate ÷ 31.1035 per gram. SGE domestic prices may differ slightly due to import controls.
Why does China prefer 24K gold jewelry?↓
Chinese consumers traditionally prefer 足金 (pure gold, 999.9 fine) for jewelry — valued for its rich yellow colour and investment merit. Unlike Western markets that favour 18K for durability, purity is the primary consideration in Chinese gold buying.
How much gold is the PBoC buying?↓
The People's Bank of China has been among the most active central bank gold buyers since 2022, adding to reserves as part of China's broader de-dollarisation strategy. See our Metal Reserves page for current data.