Prices, data and news on the China Precious Metals Market

Shanghai gold drops below Yuan 1,000/g amid plunge in international prices

On March 23, the most-traded gold contract on the Shanghai Gold Exchange (Au9999) continued to face pressure, closing at Yuan 940/gram ($136.4/g), a daily drop of 9%, erasing all gains made since 2026.

China's onshore gold, silver prices plunge as overheated trading and easing sentiment trigger correction

After surging to record highs in late January, gold and silver prices plunged sharply in early February, with Shanghai gold futures losing more than Yuan 200/gram ($28.8/g) in less than two trading days, as overheated trading, easing risk sentiment, and shifting expectations around U.S. monetary pol

Global gold demand tops 5,000 tonnes in 2025 as prices hit records

Global gold demand surged to unprecedented levels in 2025, driven by record prices, robust investment inflows and sustained central bank buying, according to the Gold Demand Trends Q4 and Full Year 2025 report published by the World Gold Council on January 29.

China discovers 1st thousand-tonne-level gold deposit

China has discovered its first thousand-tonne, low-grade super-large gold deposit -- the Dadonggou Gold Mine -- in Northeast China’s Liaoning province, the Ministry of Natural Resources announced on November 14.

CGA: China's gold output and consumption diverge in Jan-Sept

China’s gold market experienced a clear divergence in the first nine months of 2025, with total output rising and consumption declining, according to the latest data from the China Gold Association (CGA).