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Gold Rates in China

Gold Price in China Per Gram 2015 - This is a dedicated page for gold price in China - Beijing today, PakBiz.com provides live international gold bullion rates of 24K/Ounce and its accurate converted price in Chinese Yuan currency per 10gm. Find Today's current gold international bullion rates of 24K/Ounce and its converted price in Bahraini Dinar currency. PakBiz.com Finance offers live online latest Bullion prices (24K carat gold rates, 22k carat gold rate, and biscuit) local currency & US Dollars and other major updated currencies in per ounce. Here you can also find gold price History chart (archive) and current silver rates (silver bullion prices) along with international gold rates.
International Gold Rates:

 Gold 24K / Ounce (30 Jul, 2015 08:56:59 )

$1,086.65

Gold Rates China

(Converted from International Rate)
(Update and associate with international Gold trading)
China [Gold 24K per 10 Grams] CNY 2,169.65
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 China Gold Rates Reviews & Comments 
How a China-US one-two punch floored gold price. On Thursday, gold regained some of its footing after hitting its lowest level since March 2010 at the start of the week. Futures contracts in New York with August delivery dates exchanged hands for $1,094 an ounce in early afternoon trade, up a couple of dollars from yesterday's close. If the metal holds onto these levels it would be the firs positive trading day in 11 sessions following a 6% decline and the worst losing streak for gold since September 1996. Gold's weakness has been blamed on a number of factors including looming interest rate rises in the US, disappointment over Chinese central bank purchases, a temporary resolution to the Greek debt crisis, weakness across the commodities sector and a stronger dollar. But this week's surprising slide probably has more to do with futures speculation than any change in fundamentals for the metal. Large gold futures investors such as hedge funds have slashed net long positions – bets on a rising price – to the lowest since 2006 when the Commodity Futures Trading Commission first started to collect the data. So-called managed money are also holding record shorts. Gold was knocked out on Monday in what seemed an almost concerted cross-continental effort to push the price through support levels that the metal has bounced off numerous times before.
Nancy GAO Sat 25 Jul, 2015

Loosing sheen: Gold in free fall as China dumps metal, Indians wait for further price decline. Blame poor rains or a lack of weddings, but Indians, for whom gold is the investment of choice, aren't rushing to buy bullion after this week's sharp sell-off. India and China are the world's top gold buyers and, after massive selling on the Shanghai Gold Exchange on Monday helped drive down gold prices by 4 percent to a 5-year low, traders hoped demand would perk up in India, or elsewhere in Asia. The last big slide in gold prices - a 13 percent drop in just two consecutive trading days in April 2013 - prompted weeks of long queues of Indians outside gold showrooms.
Mukesh Thu 23 Jul, 2015

Gold is still bombed out after China's mystery market dump. Gold stabilized on Tuesday holding just above a five-year low, but investors still see further price falls a day after the metal tumbled 4%. Reflecting losing interest in gold, holdings in the top gold fund SPDR Gold Trust fell to the lowest since 2008. Bullion, after sliding on Monday by the most since September 2013, is trading just above the critical $1,100-an-ounce support level, another breach of which could lead to a further sell-off, traders and analysts say. "This clearly means that the bearish sentiment for gold remains even at this juncture," OCBC Bank analyst Barnabas Gan said. "I'm still looking at more downside risk for gold," said Gan, who has forecast a price of $1,050 by year-end.
MANOLO Thu 23 Jul, 2015

No Signs Of Gold Rush In China And India. The gold rush occurred in 2013 has not repeated as the price of gold hit a five-year low of $1,096.68/oz on Monday. Hong Kong’s jewelry retail chains, which have stores across China, have not seen Chinese buying, according to Deutsche Bank: Despite a five-year low gold price, there is no sign of a gold rush in HK and China, according to Chow Tai Fook (1929.Hong Kong). Huang Weichang, the CEO of Luk Fook (0590.HK) said that gold sales remained soft, gold consumption sentiment is still weak, according to HKEJ. Ronald Leung, the vice general manager of Lee Cheong Gold, commented that it is hard to say whether this gold price slump will affect gold and jewelry consumption in the coming weeks. He expects that the gold price will not rebound until the US dollar stops strengthening after the US presidential election in 2016. Sales people at Chow Sang Sang (0116.HK) also cited that no gold rush has occurred yet, according to HKEJ.
Shuli Ren Thu 23 Jul, 2015

Chinese stocks rose and gold tumbled 4% after a huge sale in China. Anyone see a connection? A record 3.3 million lots of the metal, or about 33 tons, were traded on a key Shanghai physical contract Monday, compared with less than 27,000 lots on Friday, reported Reuters. Up till now the average July volume has averaged less than 30,000 lots. Right after the opening of the Shanghai Gold Exchange, the price of spot gold fell to $1,088.05 an ounce — its lowest price since March 2010. By midmorning in New York, the price was above the key $1,100 support level. “We do see a lot of people in China selling gold to get fast cash to go back into the equity market,” a Singapore-based trader told Reuters. Meanwhile, the Shanghai Stock Exchange Composite Index rose 0.9% to 3,992 on Monday. The Shenzhen Stock Exchange Composite Index gained 1.8% to 2,230; the small-cap ChiNext Price Index jumped 2.3% to 2,840 and the Hang Seng Index in Hong Kong ended basically flat.
Kenny Yu Thu 23 Jul, 2015

Gold Per Tola please give me about a price information china today
Naim ur rehman Wed 11 Mar, 2015

I am looking the stability of gold rates in a week and i am quite happy because i never feel any flexibility in the gold rates in china that is why i want to make a large stock of it for the purpose of business because its a right to way to do this.
fahad Sun 12 Oct, 2014

@PakBiz.com, it is very good website for financial daily and gold rates in China, please keep me update China [Gold 24K per 10 Grams] in Chinese currency, and international gold and silver rates.
James Zou Thu 07 Aug, 2014

Our company deals in branded gold plated jewellery items and we are specialist to design verities of necklace with pure 24K gold. Now a days our business are not working well that is it we think it needs some publicity to increase our gold business.
khan majid Thu 26 Jun, 2014

Hello we are providing easy loan facilities on Gold for single and large business enterprises. You just have to follow some simple step, after our 15 days precess we will lend you money. Amount depends on Gold you mortgage. For further information email on easyfinance@gmail.com
Tina Thu 23 Jan, 2014

@Ico Lee, you may know now China is biggest buyer of physical gold, and China will store western half gold in few years, it has been observed that. I am also new in gold investment, right prefer online gold trading, but I am interested in physical gold for long term investment. Please send me daily gold rates of China in international price Gold 24K/Ounce and converted gold rates in Chinses Yaun. Thanks a lot
James Li Mon 21 Oct, 2013

I am new in gold, and invested in online gold trading here in China. Please confirm when it will be held next FOMC Meeting ?? Now International gold rates are booming up as it was before. China is the second largest country to hold gold and after America. Now America is suffering from Shutdown issue and political aggressiveness between congress and republicans. How I can judge this situation according to gold up and down.
Ico lee Wed 09 Oct, 2013

mae ap ka gold kharidna cahta hu . I GOLD YOU ME BOKET MANI .
Ghulam.dastgeer Wed 05 Dec, 2012

Gold 24K Per Tola please give me a price in china today
Aamir Ali Thu 22 Nov, 2012

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Gold Rates China
Dollar Per Ounce $1086.65
CNY 10 Grams 2169.65
Gold Rates in China
Open Market Forex Rates [CNY]
Currency Symbol Buying Selling
 U.S. Dollar USD 6.32 6.2966
 Euro EUR 6.9077 6.8807
 British Pound GBP 9.7754 9.7309
 UAE Dirham AED 1.7077 1.7125
 Saudi Riyal SAR 1.6923 1.6972
 Kuwaiti Dinar KWD 20.6615 20.5505
 Canadian Dollar CAD 4.8154 4.8012
 Australian Dollar AUD 4.5538 4.5413

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