Gold Price Today in China
Today's Gold Prices in China - All Karats Live
The following are raw gram prices for the gold price in China (before making charges), showing the sell price (what you pay when buying) and the buy price (what you get when selling to a shop).
| Karat | Buy Price | Sell Price | Daily Change |
|---|---|---|---|
| 24k | 989.94 CNY | 1,014.44 CNY | ▲ 2.63 (+0.26%) |
| 22k | 907.44 CNY | 929.91 CNY | ▲ 2.41 (+0.26%) |
| 18k | 742.46 CNY | 760.84 CNY | ▲ 1.97 (+0.26%) |
| Ounce | 30,790.60 CNY | 31,552.63 CNY | ▲ 81.82 (+0.26%) |
Last updated: 02:20 - 21 August 2026
Gold Performance in China Over Last Year
Gap Between Gold Price in China and the Global Price
The table below shows the difference between the displayed local price and the raw global spot price for the same quantity in USD. This is a different indicator from the shop-level "buy/sell spread," since it compares the local price to the pure global price rather than yesterday's price.
| Karat | Local Price | Global Equivalent | Difference |
|---|---|---|---|
| 24k | 1,014.44 CNY | 980.14 CNY | +34.30 CNY |
| 22k | 929.91 CNY | 898.46 CNY | +31.45 CNY |
| 18k | 760.84 CNY | 735.11 CNY | +25.73 CNY |
Popular Bullion Bars in China
| Bar | Weight (g) | Price |
|---|---|---|
| 1g Bar | 1 | 1,034.73 CNY |
| 5g Bar | 5 | 5,148.28 CNY |
| 10g Bar | 10 | 10,266.13 CNY |
| 50g Bar | 50 | 51,229.22 CNY |
Gold Performance in China - Long Term
Gold Price Performance in China (% Annual Change)
| Year | Annual Change |
|---|---|
| 2026 | -9.5% |
| 2025 | +58.8% |
| 2024 | +32.7% |
| 2023 | +13.4% |
| 2022 | +11.8% |
| 2021 | -6.7% |
| 2020 | +17.6% |
| 2019 | +19.7% |
| 2018 | +3.9% |
| 2017 | +4.8% |
| 2016 | — |
Terms Worth Knowing Before You Buy Gold
- What is a troy ounce?
- The troy ounce is the standard global unit used in gold trading on every exchange worldwide, and it equals exactly 31.1035 grams.
- What is the difference between buy and sell price?
- The sell price is what you pay when acquiring gold from a shop, while the buy price is what you receive when selling your jewelry back to the same shop, with the gap representing the dealer's margin.
- What does the karat number mean?
- The karat number indicates the proportion of pure gold in a piece out of 24 parts, so 21k means 21 parts pure gold out of 24, or 87.5% purity.
Market Analysis
China stands as both the world's largest gold consumer and producer at once, a rare combination that gives it outsized influence over global price movement, since decisions by the government and Chinese consumers directly ripple through global supply and demand balance.
The Shanghai Gold Exchange runs one of the world's largest physical gold trading markets, with China using it to grow its influence over global benchmark pricing alongside London and New York.
Gold carries deep cultural symbolism in Chinese society tied to luck and prosperity, which explains the sharp seasonal surge in demand around Lunar New Year celebrations.
Chinese consumers clearly favor 24k, viewing absolute purity as the core measure of a piece's value, in contrast to Western markets that sometimes lean toward lower karats for added durability.
Frequently Asked Questions
Why is China so influential in the global gold market?
It's the world's largest gold producer and consumer at once, giving it outsized influence over global supply and demand balance.
What is the Shanghai Gold Exchange?
One of the world's largest physical gold trading markets, growing its role in setting global benchmark prices.
Why does gold demand spike during certain seasons in China?
Due to deep cultural symbolism tied to luck and prosperity, especially around Lunar New Year celebrations.