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Gold is trading at ¥29,510.28 per troy ounce and ¥948.78 per gram in Chinese terms. Figures are the international spot price converted at the current exchange rate.
Prices last updated
China is the largest gold consumer and producer, and the Shanghai Gold Exchange quotes in yuan per gram. Domestic prices sometimes carry a premium or discount to the international price depending on local demand and import quotas. Buying is strongly seasonal around Chinese New Year.
Gold is trading at about ¥29,510.28 per troy ounce and ¥948.78 per gram in CNY. This is the international spot price converted at the current exchange rate, before local duties, taxes or dealer margins.
One gram of pure gold works out at about ¥948.78 — the standard quoting unit on the Shanghai Gold Exchange.
One kilogram of pure gold works out at about ¥948,777.60 — the standard contract size for bars.
Purity scales the price directly, so 22K is worth about ¥869.71 per gram and 18K about ¥711.58, against ¥948.78 for pure 24K.
Prices convert the international spot price at the current CNY exchange rate. Local retail prices differ — see other currencies: INR, EUR, GBP, CAD, AUD, JPY.