Gold price today in China (CNY)
Today's gold rate in Chinese yuans per gram, per 10 grams and per ounce for 24k and lower karats: the international price converted at the latest USD/CNY exchange rate, refreshed automatically. Education only, not a quote.
1 USD = 6.6849 CNY (mid-market). Gold price change today: -50.4 USD (-1.24%) per ounce. International spot price converted to CNY; local taxes, duty and premiums are not included.
Gold price by karat in CNY (per gram, per 10 grams, per ounce)
| Karat | Purity · fineness | Per gram | Per 10 grams | Per troy ounce |
|---|---|---|---|---|
| 24K | 100.00% · 999 | 861.84 | 8,618.43 | 26,806.30 |
| 22K | 91.67% · 916 | 790.05 | 7,900.51 | 24,573.34 |
| 18K | 75.00% · 750 | 646.38 | 6,463.82 | 20,104.73 |
Purity multipliers: 24k = 1.000, 22k = 0.9167, 21k = 0.875, 18k = 0.750. Many bars are 999 or 999.9 fine rather than exactly 24k, which changes the value by 0.1% or less.
Gold price in CNY: last 7 trading days (24k, at today's exchange rate)
| Date | USD close / oz | CNY per gram | CNY per 10 grams |
|---|---|---|---|
| 2026-10-23 | 4,007.9 | 861.39 | 8,613.91 |
| 2026-10-22 | 4,060.4 | 872.67 | 8,726.75 |
| 2026-10-21 | 4,150.0 | 891.93 | 8,919.32 |
| 2026-10-20 | 4,142.6 | 890.34 | 8,903.42 |
| 2026-10-19 | 4,160.1 | 894.10 | 8,941.03 |
| 2026-10-16 | 4,181.1 | 898.62 | 8,986.16 |
| 2026-10-15 | 4,170.1 | 896.25 | 8,962.52 |
Each row uses that day's COMEX closing price in US dollars converted at today's USD/CNY rate (6.6849), not the exchange rate on that date. It isolates the gold move from the currency move.
Gold price: last 30 sessions (USD per ounce, COMEX closes)
Multiply by the USD/CNY rate for the local price. A longer history and performance table is on the XAUUSD price page.
Gold: COMEX gold futures (GC=F) via Yahoo Finance, updated . Exchange rates: Rates by Exchange Rate API (open.er-api.com), updated . Both refresh automatically several times a day; the numbers on this page re-check the data when it loads.
Gold price in China: per gram in yuan
China prices gold per gram in yuan, and the benchmark is the Shanghai Gold Exchange, whose Au99.99 contract and the Shanghai Gold Benchmark Price, set twice a day, are the reference for the world's largest gold-consuming country. Jewellery is sold as zu jin (full gold, 999 or higher) by weight, or as fixed-price designer pieces, and 18k (750) is used for lighter, modern designs. Today's conversion of the international price gives ¥861.84 per gram for pure gold; the Shanghai price usually sits at a premium or discount to it that reflects domestic supply and import controls.
Lunar New Year, weddings and the gold-bean craze
Chinese demand has a strong calendar: buying rises before Lunar New Year, around the May Day and National Day holidays, and for weddings, where the "three golds" of necklace, bracelet and earrings are a traditional gift. Younger buyers have driven new fashions, from "ancient method" (gu fa) heritage jewellery to tiny gold beans bought monthly as savings. Jewellery chains sell by the gram at a posted daily price plus a labour charge, and banks sell bars and offer gold accumulation plans. The People's Bank of China is also a major buyer for the national reserves, which supports the market's long-term tone.
Import quotas, the Shanghai premium and tax
Gold imports into China are managed through quotas granted to banks, and when domestic demand runs ahead of permitted supply the Shanghai price trades at a premium to London that can reach several dollars an ounce; when demand is weak the premium turns to a discount. That spread is the clearest signal of Chinese physical demand and is watched worldwide. VAT and, for some products, consumption tax apply to jewellery, with investment gold traded through the exchange treated differently; the rules are detailed, so check them before relying on a number. The price on this page excludes all of these and the Shanghai premium.
What moves the yuan gold price
The yuan is managed against the dollar within a daily band set by the PBoC, so it moves less than free-floating currencies, and the yuan gold price tracks XAUUSD more closely than most. The extra local factors are the Shanghai premium, PBoC reserve purchases, property-market and stock-market sentiment (gold benefits when households seek alternatives), and capital-control news that affects how the yuan is valued. US rate expectations, real yields and geopolitics move the dollar price. Read what moves gold prices for the global drivers.
Trading hours in China Standard Time
China is on CST (UTC+8) all year. The Shanghai Gold Exchange trades during the local day and in a night session that overlaps with London, and the Shanghai Futures Exchange lists gold futures. The London–New York overlap, the busiest window in the international market, falls today at about 20:00–00:00 CST, in the late evening. Mainland rules restrict leveraged forex and CFD trading for individuals, which is why many Chinese-speaking traders use Hong Kong; our Hong Kong gold trading guide covers that market. The market hours tool shows every session on your clock.
How this CNY gold price is calculated
Three numbers decide everything on this page. First, the international gold price in US dollars per troy ounce: $4,010.0 at the last update. Second, the exchange rate: 1 USD = 6.6849 CNY. Third, the weight: one troy ounce is 31.1035 grams, and one tola is 11.6638 grams.
- Price per gram in USD = $4,010.0 ÷ 31.1035 = $128.92.
- Price per gram in CNY = $128.92 × 6.6849 = 861.84 CNY (24k, pure gold).
- Price per 10 grams = 861.84 × 10 = 8,618.43 CNY.
- For a lower purity, multiply by the fineness: 22k = 0.9167, 21k = 0.875, 18k = 0.750.
The gold price comes from COMEX gold futures, which track spot XAUUSD closely but are not identical to it. The exchange rate is a mid-market rate; the rate your bank or money changer gives you will be slightly different. If you want to do the maths yourself, our guide to converting the gold price per gram, tola and kilo walks through every step with worked examples.
What this price does not include
The figures above are the international spot price converted into local currency. They are the starting point for every retail price in China, but they are not the price you will pay or receive at a shop. The retail or "jeweller" price adds some or all of these on top:
- Import duty or customs charges, where the country imports most of its gold.
- Sales tax, GST or VAT, which may apply to jewellery, to bars and coins, or to both, depending on local law.
- Dealer premium: the margin a bullion dealer or bank adds to the spot price for bars and coins, usually larger on small pieces.
- Making charges (labour) on jewellery, often a percentage of the gold value or a fixed amount per gram.
- Local supply and demand, which can push the physical price to a premium or a discount against the international price for weeks at a time.
When you sell, the buyer usually quotes below the spot-based number and deducts for purity testing, wear and sometimes stones. The gap between the buying and the selling price is the real cost of owning physical gold, and it varies a lot between shops, so it is worth asking several.
Frequently asked questions
What is the gold rate today in China?
At the last update, pure (24k) gold was about 861.84 CNY per gram and 8,618.43 CNY per 10 grams, based on the international price converted at the latest exchange rate. The numbers at the top of this page refresh automatically. Local retail rates published by jewellers’ associations and bullion dealers will be higher because they add VAT and consumption tax where they apply, premiums and making charges.
What is the difference between 22k and 24k gold?
Karat (k) measures purity in 24ths. 24k is pure gold (99.9% or more), 22k is 91.67% gold (fineness 916), 21k is 87.5% (875) and 18k is 75% (750). The rest is other metals such as copper or silver, which make the alloy harder. Because you pay for the gold content, 22k gold costs about 8.3% less per gram than 24k, and 18k costs 25% less. Bars and coins are usually 24k; jewellery is usually 22k, 21k or 18k so that it does not bend or scratch easily.
Why is the price at my jeweller different from the price on this page?
This page shows the international spot price converted into CNY. A jeweller’s rate adds VAT and consumption tax where they apply, a dealer premium, making charges on jewellery, and the shop’s own margin. It may also be based on a local association rate set once or twice a day rather than the live international price, so it lags on volatile days. A difference of a few percent is normal; a very large gap deserves questions.
Is it a good time to buy gold in China?
We cannot tell you that, and nobody can with certainty. The local price depends on two things that are both hard to forecast: the international gold price and the CNY exchange rate. What you can do is compare today’s price with the 30-day chart and the 7-day table on this page, decide why you want gold (savings, a gift, a wedding, trading) and how long you plan to hold it, and avoid buying all at once if the timing worries you. This page is education, not financial advice.
What is the Shanghai gold premium?
The difference between the gold price on the Shanghai Gold Exchange and the international (London or COMEX) price, converted at the exchange rate. A positive premium means Chinese buyers are paying more than the world price, a sign of strong domestic demand or tight import quotas; a discount means the opposite. This page shows the international price, not the Shanghai price.
Why do Chinese jewellers charge more per gram than the SGE price?
Because the posted jewellery price includes the retailer’s margin, VAT, design and labour costs and the Shanghai premium on top of the raw gold value. Chains post one price for ‘full gold’ per gram and add a labour charge per piece. Bank bars sit much closer to the exchange price.