Gold Price on Chinese New Year: Every Year Since 2000
Chinese New Year 2027 is on Saturday, 6 February 2027 — in 107 days. On Chinese New Year 2026 (17 Feb), 24K gold was CNY 1,089.59 per gram; today it is CNY 889.25 (−18.4%). Since Chinese New Year 2000 (CNY 78.16), gold in yuan has risen 13.9-fold — +10.7% a year on average — and was higher than on the previous Chinese New Year in 20 of 24 years.
Next Chinese New Year
6 Feb 2027
in 107 days
Today
CNY 889.25
24K ¥/g, live
Chinese New Year 2026
CNY 1,089.59
−18.4% since
Per year since 2000
+10.7%
in yuan
Up on the year
20 of 24
years
Gold price on Chinese New Year, 2000–2026
24K gold, yuan per gram
Gold Price on Every Chinese New Year
Price on each Chinese New Year (the last close before it when markets were shut), the change from the previous Chinese New Year, and the change from then to today.
International gold price in US dollars (COMEX futures close; London fix before 30 Aug 2000), converted at that day's exchange rate. This is the value of the metal before local taxes, dealer premiums and making charges. When a festival fell on a weekend or holiday, the last close before it is used. Dates link to that month's daily prices.
Before and After Chinese New Year
Change in the gold price (in yuan) over the 30 days leading up to Chinese New Year, and over the 30 days after it.
30 days before: rose
17 of 25 years
Median, 30 days before
+2.1%
30 days after: fell
11 of 25 years
Median, 30 days after
+2.9%
If you had bought gold every Chinese New Year
× 1 gram of 24K gold
Buying 1 gram of 24K gold on Chinese New Year every year since 2000 (26 times) would have cost CNY 7,671.89 in total. At today's price it is worth CNY 23,120 (+201%).
Metal value only: no taxes, making charges or selling costs. Not investment advice.
About Chinese New Year
Gold is a traditional Lunar New Year gift, often as jewellery or small bars featuring the year's zodiac animal. Chinese demand for gold jewellery and bars usually peaks in the weeks before the holiday, which is why the first quarter is the strongest of the year for Chinese gold buying.
Chinese New Year falls on the second new moon after the winter solstice, between 21 January and 20 February. Dates on this page are as observed in China; some regions mark the day a day earlier or later. Dates follow the Chinese lunisolar calendar.
Chinese New Year 2026 fell on Tuesday, 17 February 2026. 24K gold, yuan per gram: CNY 1,089.59 (international price, converted at that day's exchange rate, before local taxes and making charges). That was +68.8% compared with the previous Chinese New Year.
What was the gold price on Chinese New Year 2025?
Chinese New Year 2025 fell on Wednesday, 29 January 2025. 24K gold, yuan per gram: CNY 645.64 (international price, converted at that day's exchange rate, before local taxes and making charges). That was +38.6% compared with the previous Chinese New Year.
What was the gold price on Chinese New Year 2024?
Chinese New Year 2024 fell on Saturday, 10 February 2024. 24K gold, yuan per gram: CNY 465.83 (international price, last close before the festival on 9 Feb 2024, converted at that day's exchange rate, before local taxes and making charges). That was +10.9% compared with the previous Chinese New Year.
When is Chinese New Year 2027?
Chinese New Year 2027 is on Saturday, 6 February 2027. It falls on the second new moon after the winter solstice, between 21 January and 20 February. Dates on this page are as observed in China.
Does the gold price go up before Chinese New Year?
Not reliably. In the 30 days before Chinese New Year, gold in yuan rose in 17 of 25 years since 2000, with a median change of +2.1%. Festival buying adds to demand, but the price is set by the world market, the dollar and the exchange rate.
Does gold get cheaper after Chinese New Year?
In the 30 days after Chinese New Year, gold in yuan fell in 11 of 25 years and rose in 14, with a median change of +2.9%. Past patterns are not a guide to any particular year.
How much has the gold price risen since Chinese New Year 2000?
From CNY 78.16 on Chinese New Year 2000 to CNY 1,089.59 on Chinese New Year 2026 (24K gold, yuan per gram), or +10.7% a year. The biggest rise from one Chinese New Year to the next was +68.8% (2026) and the biggest fall −27.7% (2014).
Why do people buy gold on Chinese New Year?
Gold is a traditional Lunar New Year gift, often as jewellery or small bars featuring the year's zodiac animal. Chinese demand for gold jewellery and bars usually peaks in the weeks before the holiday, which is why the first quarter is the strongest of the year for Chinese gold buying.
Are these the prices in shops?
No. They are the international gold price converted at that day's exchange rate — the value of the metal itself. Shop prices add import duty or VAT where it applies, plus the dealer's premium and making charges on jewellery.