|Ounce||Chinese Yuan||Chinese Yuan||Ounce|
|1 Ounce =||7863.46 CNY||1 CNY=||0.00013 Ounce|
|2 Ounce =||15726.92 CNY||2 CNY=||0.00025 Ounce|
|5 Ounce =||39317.31 CNY||5 CNY=||0.00064 Ounce|
|10 Ounce =||78634.62 CNY||10 CNY=||0.00127 Ounce|
|20 Ounce =||157269.25 CNY||20 CNY=||0.00254 Ounce|
|25 Ounce =||196586.56 CNY||25 CNY=||0.00318 Ounce|
|50 Ounce =||393173.12 CNY||50 CNY=||0.00636 Ounce|
|100 Ounce =||786346.25 CNY||100 CNY=||0.01272 Ounce|
|1000 Ounce =||7863462.45 CNY||1000 CNY=||0.12717 Ounce|
China is become the largest gold producer in the worldwide since 2007. Gold is throughout the country, mainly concentrated in Shandong, Henan, Jiangxi, Fujian, Yunnan, etc. China also is the world's top consumer of gold - Chinese people love to store gold for keeping their value and love to wear the gold jewelry for adorning themselves. The Chinese official gold holdings are 1,054.1 ton.
The Shanghai Futures Exchange (SHFE) is one of the largest commodities markets in Chinese mainland, located in Lujiazui, the Pudong district of Shanghai. In December 1999, the SHFE was formed from Shanghai Foodstuffs Commodity Exchange, the amalgamation of the Shanghai Metal Exchange, and the Shanghai Commodity Exchange. In September 2008, SHFE started to trade gold futures. It is a self-regulated, non-profit-seeking incorporated body, with 219 members, overseen by the China Securities Regulatory Commission.
Trading hours: 9:00 AM - 11:30 AM; 1:30 PM - 3:00 PM; 9:00 PM - 2:30 AM
The Chinese Gold and Silver Exchange Society (CGSE) were opened in 1910 as the Gold and Silver Exchange Company and changed its name in 1918. The CGSE plays an important role in Hong Kong's gold market. It offers international and local traders with continuity and liquidity that attracts speculators, investors, hedgers and arbitrageurs. Since the Hong Kong covering the Asia time zone, its market's gold prices influence the gold market of New York, London or European.
Trading hours: 09:00 - 12:00 a.m. 14:00 - 17:00 p.m. (Monday to Friday)
The Chinese Gold Panda is a series of gold coins released by the People's Republic of China. In 1982, the Chinese Gold Panda was first issued by the official mint of the People's Republic of China. Its weight is 1, 1/2, 1/4, 1/10, or 1/20 Troy ounces. In addition, the panda design changes every year (with a single exception).