Gold Spot Price (gold/CNY)
CN¥30,301.23
per troy ounce
Gold & Silver
1 oz
CN¥30,301.23
1 gr
CN¥974.21
1 kg
CN¥974,206.30
Prev Close
CN¥30,383.14
Open
CN¥30,301.23
Day High
CN¥30,569.25
Day Low
CN¥29,951.73
1 oz
CN¥500.43
1 gr
CN¥16.09
1 kg
CN¥16,089.29
Prev Close
CN¥508.59
Open
CN¥500.43
Day High
CN¥508.26
Day Low
CN¥490.54
Current Situation
Gold prices rose nearly 1% on June 4 after an Israel-Lebanon ceasefire deal eased Middle East tensions, though gains remain limited by expectations of higher U.S. interest rates.
Key Drivers
- The ceasefire reduced immediate geopolitical risk, supporting a modest recovery in gold.
- Bets on U.S. rate hikes, fueled by strong jobs data and energy inflation, continue to weigh on prices.
- A stronger dollar and shifting oil prices are adding further downward pressure.
Short-Term Outlook (1-7 days)
Near-term sentiment stays bearish, with prices holding below the 21-day moving average and facing resistance around $4,480–$4,485. Direction will likely hinge on the upcoming U.S. jobs report.
Long-Term Outlook (1-3 months)
Broader trends remain mixed. Persistent rate-hike expectations and a firm dollar could cap gains, while any renewed geopolitical flare-ups may provide support.
What to Watch
- U.S. employment data and its impact on Federal Reserve policy expectations.
- Developments in Iran-related tensions and any risks to oil transit through the Strait of Hormuz.
Current price: CN¥30,301.23/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | CN¥30,301.23 | -CN¥81.92 | -0.27% | |
| 1 Week | CN¥30,425.49 | -CN¥124.26 | -0.41% | |
| 1 Month | CN¥30,597.78 | -CN¥296.56 | -0.97% | |
| 3 Months | CN¥34,963.41 | -CN¥4,662.18 | -13.33% | |
| 6 Months | CN¥28,724.81 | +CN¥1,576.41 | +5.49% | |
| 1 Year | CN¥23,012.35 | +CN¥7,288.88 | +31.67% | |
| Since 2026 | CN¥29,527.39 | +CN¥773.84 | +2.62% | |
| Since 2025 | CN¥18,068.94 | +CN¥12,232.28 | +67.70% | |
| Since 2024 | CN¥14,036.77 | +CN¥16,264.45 | +115.87% | |
| Since 2023 | CN¥12,497.97 | +CN¥17,803.26 | +142.45% | |
| Since 2022 | CN¥12,186.55 | +CN¥18,114.67 | +148.64% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | CN¥30,301.23 | CN¥30,383.14 | CN¥30,569.25 | CN¥29,951.73 | Today -81.92 (-0.27%) |
Silver (XAG) | CN¥500.43 | CN¥508.59 | CN¥508.26 | CN¥490.54 | Today -8.16 (-1.60%) |