Price trend

Recently, the international gold price has risen sharply. As of 10:00 on January 31st, spot gold reached 2,799.86 US dollars per ounce, while COMEX gold futures reached 2,859.5 US dollars per ounce, both breaking historical records.

The price of pure gold jewelry in domestic gold shops has risen to 846 RMB/gram. Goldman Sachs maintains its forecast for gold prices of 3,000 US dollars per ounce in the second quarter of 2026 and recommends gold as the preferred investment in the commodity sector. Meanwhile, the size of gold funds has significantly increased in 2024, with the largest gold ETF reaching 28.676 billion RMB.

Market outlook

Market analysis suggests that factors such as central banks increasing their holdings of gold and trade frictions have enhanced the safe haven appeal of gold, and it is expected that there is still room for gold prices to rise.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.