Gold Spot Price (gold/CNY)
CN¥35,582.32
per troy ounce
Gold & Silver
1 oz
CN¥35,582.32
1 gr
CN¥1,144.00
1 kg
CN¥1,143,997.37
Prev Close
CN¥35,482.69
Open
CN¥35,582.32
Day High
CN¥35,715.43
Day Low
CN¥34,944.34
1 oz
CN¥579.10
1 gr
CN¥18.62
1 kg
CN¥18,618.38
Prev Close
CN¥576.61
Open
CN¥579.10
Day High
CN¥586.50
Day Low
CN¥563.84
Current Situation
As of March 6, 2026, gold prices are volatile, plunging on supply fears from potential Polish central bank sales and a US-Venezuela gold deal, but firming above $5,100 amid US dollar weakness and safe-haven demand (FXStreet, RoboForex).
Key Drivers
- Polish gold sales: Central bank governor considers selling reserves for defense, adding supply pressure (ZeroHedge reports).
- US-Venezuela deal: Up to 1,000 kg of Venezuelan gold entering US markets via Trump team brokered agreement (ZeroHedge).
- Geopolitical tensions: Markets assume a short war; prolonged conflict could lift gold as a safe haven (Peter Schiff on X).
- Dollar weakness: Renewed USD drop supports gold recovery despite profit-taking (FXStreet).
Short-Term Outlook (1-7 days)
Choppy trading likely with downside risks from supply news; watch $5,100 support and $5,186 resistance for direction amid medium confidence.
Long-Term Outlook (1-3 months)
Broader uptrend intact on safe-haven appeal if war drags on (Peter Schiff); analysts see strength above $5,100 but note supply uncertainties.
What to Watch
- Details on Polish sales scale/timing.
- Venezuela gold influx impact.
- Geopolitical war updates.
- US economic data releases.
Current price: CN¥35,582.32/ troy oz
| Period | Start Price | Change | Change (%) | Trend |
|---|---|---|---|---|
| Today | CN¥35,582.32 | +CN¥99.63 | +0.28% | |
| 1 Week | CN¥36,354.10 | -CN¥771.78 | -2.12% | |
| 1 Month | CN¥34,370.47 | +CN¥1,211.85 | +3.53% | |
| 3 Months | CN¥29,285.09 | +CN¥6,297.23 | +21.50% | |
| 6 Months | CN¥24,893.37 | +CN¥10,688.96 | +42.94% | |
| 1 Year | CN¥20,199.33 | +CN¥15,382.99 | +76.16% | |
| Since 2026 | CN¥30,103.32 | +CN¥5,479.00 | +18.20% | |
| Since 2025 | CN¥18,421.38 | +CN¥17,160.94 | +93.16% | |
| Since 2024 | CN¥14,310.56 | +CN¥21,271.76 | +148.64% | |
| Since 2023 | CN¥12,741.74 | +CN¥22,840.58 | +179.26% | |
| Since 2022 | CN¥12,424.25 | +CN¥23,158.07 | +186.39% |
Market Summary
| Metal | Price | Prev Close | High | Low | Change |
|---|---|---|---|---|---|
Gold (XAU) | CN¥35,582.32 | CN¥35,482.69 | CN¥35,715.43 | CN¥34,944.34 | Today +99.63 (+0.28%) |
Silver (XAG) | CN¥579.10 | CN¥576.61 | CN¥586.50 | CN¥563.84 | Today +2.48 (+0.43%) |