Gold Spot Price (gold/CNY)
CN¥32,635.80
per troy ounce
Gold & Silver
1 oz
CN¥32,635.80
1 gr
CN¥1,049.26
1 kg
CN¥1,049,264.45
Prev Close
CN¥32,946.02
Open
CN¥32,635.80
Day High
CN¥32,930.30
Day Low
CN¥32,301.91
1 oz
CN¥540.13
1 gr
CN¥17.37
1 kg
CN¥17,365.50
Prev Close
CN¥550.96
Open
CN¥540.13
Day High
CN¥550.81
Day Low
CN¥536.28
Current Situation
As of April 20, 2026, gold has dipped below $4,800, pressured by renewed Middle East tensions around Iran and the Strait of Hormuz, which are lifting oil prices and the USD (FXStreet, Investing.com).
Key Drivers
- Middle East tensions: Strait of Hormuz issues are strengthening the USD and oil, weighing on gold.
- Fading Fed rate cuts: Expectations for cuts have fallen to 27%, stalling gold's recent rally (FXEmpire).
- Geopolitical outlook: UBS predicts a substantial rally if tensions linger and rates ease (via KitcoNewsNOW).
Short-Term Outlook (1-7 days)
Downward pressure likely persists with current tensions and low rate-cut odds; watch $4,800 as key support and $4,870 as recent resistance.
Long-Term Outlook (1-3 months)
Bullish trend intact per UBS and Kitco analysts, with potential for 20% gains above current levels in 2026 if uncertainty remains elevated.
What to Watch
- Resolution or escalation of Strait of Hormuz tensions.
- Updates on Fed rate cut probabilities.
- China's potential sulfuric acid export halt and critical minerals shifts (hot on X via GoldTelegraph_).
(Medium confidence overall.)
Current price: CN¥32,635.80/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | CN¥32,635.80 | -CN¥310.22 | -0.94% | |
| 1 Week | CN¥32,444.43 | +CN¥191.37 | +0.59% | |
| 1 Month | CN¥30,645.17 | +CN¥1,990.63 | +6.50% | |
| 3 Months | CN¥32,735.93 | -CN¥100.13 | -0.31% | |
| 6 Months | CN¥29,726.09 | +CN¥2,909.71 | +9.79% | |
| 1 Year | CN¥22,818.60 | +CN¥9,817.20 | +43.02% | |
| Since 2026 | CN¥29,740.75 | +CN¥2,895.04 | +9.73% | |
| Since 2025 | CN¥18,199.51 | +CN¥14,436.29 | +79.32% | |
| Since 2024 | CN¥14,138.20 | +CN¥18,497.59 | +130.83% | |
| Since 2023 | CN¥12,588.28 | +CN¥20,047.52 | +159.26% | |
| Since 2022 | CN¥12,274.61 | +CN¥20,361.19 | +165.88% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | CN¥32,635.80 | CN¥32,946.02 | CN¥32,930.30 | CN¥32,301.91 | Today -310.22 (-0.94%) |
Silver (XAG) | CN¥540.13 | CN¥550.96 | CN¥550.81 | CN¥536.28 | Today -10.83 (-1.97%) |