Gold Market Report
China Gold Market Report
Independently researched coverage of the China gold market, last verified Aug 31, 2026. 24K gold is currently CN¥941.07 per gram.
See the live gold price page for China →Research coverage
4 of 4 research sections published for China.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in CNY.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | CN¥941.07 | CN¥29,270.55 | CN¥10,976.46 | CN¥941,070.20 |
| 22 karat (916.7) | CN¥862.77 | CN¥26,835.00 | CN¥10,063.13 | CN¥862,765.32 |
| 21 karat (875) | CN¥823.52 | CN¥25,614.30 | CN¥9,605.36 | CN¥823,518.77 |
| 18 karat (750) | CN¥705.87 | CN¥21,955.11 | CN¥8,233.17 | CN¥705,873.23 |
| 14 karat (583.3) | CN¥548.98 | CN¥17,075.22 | CN¥6,403.21 | CN¥548,981.14 |
| 10 karat (416.7) | CN¥392.18 | CN¥12,198.26 | CN¥4,574.35 | CN¥392,183.17 |
Trend
Last 3 months
Per gram · CNY
- Change
- +6.59%
- Low
- CN¥872.72
- High
- CN¥1,012.63
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the China gold market
Gold jewellery sold in China is governed by the national standard GB 11887, which requires every piece to carry a fineness stamp — most commonly 999 or 999.9 for 24-karat gold — alongside a registered manufacturer's mark.
Read the full section on the live price page →Market notes
China's gold trade is centred on the Shanghai Gold Exchange (SGE), the world's largest physical gold exchange by volume, where members withdraw physical bars and coins for onward sale to jewellers, banks and retail dealers.
Read the full section on the live price page →Buying gold in China
Because the SGE reform specifically raised costs on the jewellery side of the market, a retail jewellery quote in China today embeds a larger tax-related premium over the metal value than an investment bar or coin bought from an SGE member does.
Read the full section on the live price page →Tax & duty notes
Gold bought directly from Shanghai Gold Exchange members for investment purposes -- bars and coins -- continues to carry the exchange's standard 13% VAT input-deduction treatment.
Read the full section on the live price page →Sources
What the China research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- World Gold Council — China gold market update: November demand feels the VAT reform
Supports: November 2025 SGE VAT reform cutting the jewellery-purpose deduction from 13% to 6% while investment-purpose withdrawals kept 13%
Checked Aug 31, 2026
- LBMA — Spotlight on Mainland China Gold Market, Chapter 2: Gold Market Tax Regime
Supports: Structure of China's SGE-centred gold market and VAT regime
Checked Aug 31, 2026
Related markets
More gold markets in Asia
China's immediate sub-region doesn't list enough markets on its own, so this also includes other Asia countries.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from gold-api.com + xaus.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.