Au

Metal Profile

Gold

905.04CNY/g+0.80%

Gold combines monetary and industrial attributes. China is the world's largest gold consumer, with annual demand of about 1,000 tonnes. Urban mining from electronic scrap is an increasingly important source.

Domestic Benchmark (Live)

905.04CNY/g

Overseas · COMEX

4,211.50USD/oz

+0.80%

Domestic prices are SHFE settlement and include 13% VAT (gold is VAT-exempt, silver is not); LME / COMEX prices exclude VAT, duty and freight. The two are therefore not comparable at the spot FX rate alone.

CNY/g · Domestic Benchmark

HS Code · Customs Classification

HS CodeDescription
7108.12Gold, unwrought, non-monetary
7108.13Gold, semi-manufactured, non-monetary
7112.91Waste and scrap of gold, incl. metal clad with gold (import prohibited)

The 6-digit code shown is the international HS subheading (WCO standard). Full Chinese customs filings use a 10-digit statistical code — see the Chinese version for the 8-digit national tariff line.

All 4 gold HS codes with China trade volumes →

Import Tariff Rates

Gold, non-monetary, unwrought7108.120%
Gold powder, non-monetary7108.110%
Gold, non-monetary, semi-manufactured7108.130%
Waste and scrap of gold, including metal clad with gold7112.91Import banned
VAT (Import)0%

Where a provisional rate exists, it is the rate actually applied. Rates are taken from a third-party tariff database (data as of 2026-08-23), not an official customs notice — confirm against the current Chinese customs tariff before filing.

Import Policy

Gold imports require People’s Bank of China approval and are handled in practice by a small number of qualified banks; ordinary companies and individuals have no import route. The customs regulatory condition is a gold import/export permit. Non-monetary gold (powder, unwrought, semi-manufactured) carries 0% import duty and 0% import VAT. Gold waste and scrap (HS 7112.91.10) is listed as prohibited for import.

Common Specifications

9999 Gold (Au ≥99.99%, standard bar 400 oz)9995 Gold (Au ≥99.95%)Gold Powder / Mud (Au ≥99.9%)IC Chip Scrap (Au content 0.1–0.5 g/kg)Gold Finger PCB ScrapJewelry Scrap Gold (14K / 18K)

How to Sell Gold to China

China is the world's largest importer of gold, accounting for a dominant share of global demand. Chinese buyers — including smelters, refineries, processors, and trading companies — actively seek verified overseas suppliers year-round. Common traded forms include refined gold, alloy ingots, and recyclable scrap.

To sell goldinto China, your cargo must be correctly classified under the applicable HS codes (listed above) and comply with China's customs inspection requirements. Pricing is typically benchmarked against the SHFE (Shanghai Futures Exchange) spot price or LME, with regional premiums or discounts depending on grade, origin, and logistics.

Guilin Metals operates a curated network of gold buyers across China — from major industrial hubs in Guangdong, Zhejiang, and Jiangsu to inland smelting regions. Post your gold supply listing with grade, quantity, and origin, and our team will match you with active buyers and provide indicative prices within 24 hours.

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