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🇨🇳 Gold Price Today in China | ¥29,995
Live gold price in Chinese Yuan (CNY) — updated every 5 minutes
Last updated: Jun 19, 2026, 12:37 AM ET
Per Gram (CNY)
¥964.36
Per Troy Oz (CNY)
¥29,995
Per Kg (CNY)
¥964,357
USD/Gold Spot
$4,142.94/oz
USD/CNY Rate
1 USD = 7.24 CNY
CNY per gram
¥964.36
Gold Market in China
China is the world's largest gold consumer and largest gold producer, mining over 300 tonnes annually. The Shanghai Gold Exchange (SGE) is the world's largest physical gold exchange. The People's Bank of China (PBOC) has been aggressively accumulating gold reserves, adding hundreds of tonnes in 2022–2025 as part of a de-dollarization strategy.
Why do people in China buy gold?
Chinese households view gold as the ultimate store of value and a traditional wedding gift. The "Gold Panda" coin issued by the People's Bank of China is a highly collectible investment product. Rising middle-class wealth, uncertainty about property markets, and yuan internationalisation concerns have all driven strong gold demand.
Frequently Asked Questions — Gold in China
What is the gold price in China in yuan today?
China gold prices are set by the Shanghai Gold Exchange (SGE) benchmark, denominated in CNY per gram. The SGE price closely tracks the international USD price but can diverge due to import restrictions and domestic demand surges.
Why is the Shanghai gold price sometimes higher than London?
The Shanghai premium (SGE price vs LBMA benchmark, converted to USD) reflects import quotas, local demand intensity, and currency controls. Premiums of $5–30/oz are common; during demand surges they can exceed $50/oz.
Can foreigners buy gold in China?
Foreign investors can access Chinese gold markets through the Shanghai International Gold Exchange (SGEI), which accepts international participants. However, capital controls restrict physical gold movement in and out of China.
Is the Chinese Gold Panda coin a good investment?
The Gold Panda is a legal tender gold coin issued annually by the PBoC with changing designs, making it both a bullion coin and a collectible. It commands premiums above spot, especially for older/rare issues, but the standard 30g Panda is a legitimate bullion investment.