Gold Spot Price (gold/CNY)
CN¥30,323.36
per troy ounce
Gold & Silver
1 oz
CN¥30,323.36
1 gr
CN¥974.92
1 kg
CN¥974,917.80
Prev Close
CN¥30,388.80
Open
CN¥30,323.36
Day High
CN¥30,574.94
Day Low
CN¥29,957.31
1 oz
CN¥500.89
1 gr
CN¥16.10
1 kg
CN¥16,104.04
Prev Close
CN¥508.69
Open
CN¥500.89
Day High
CN¥508.35
Day Low
CN¥490.63
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¥30,323.36/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | CN¥30,323.36 | -CN¥65.44 | -0.22% | |
| 1 Week | CN¥30,431.15 | -CN¥107.80 | -0.35% | |
| 1 Month | CN¥30,603.48 | -CN¥280.12 | -0.92% | |
| 3 Months | CN¥34,969.92 | -CN¥4,646.56 | -13.29% | |
| 6 Months | CN¥28,730.16 | +CN¥1,593.19 | +5.55% | |
| 1 Year | CN¥23,016.63 | +CN¥7,306.72 | +31.75% | |
| Since 2026 | CN¥29,532.89 | +CN¥790.47 | +2.68% | |
| Since 2025 | CN¥18,072.31 | +CN¥12,251.05 | +67.79% | |
| Since 2024 | CN¥14,039.39 | +CN¥16,283.97 | +115.99% | |
| Since 2023 | CN¥12,500.30 | +CN¥17,823.06 | +142.58% | |
| Since 2022 | CN¥12,188.82 | +CN¥18,134.54 | +148.78% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | CN¥30,323.36 | CN¥30,388.80 | CN¥30,574.94 | CN¥29,957.31 | Today -65.44 (-0.22%) |
Silver (XAG) | CN¥500.89 | CN¥508.69 | CN¥508.35 | CN¥490.63 | Today -7.80 (-1.53%) |