The gold price in China
Return on gold in CNY from January 1 to December 31 by year. Mid-price before fees.
If you’re a gold investor or someone who wants to invest in gold in China, here at Rush, we help you do so without the stress of currency exchange or other international investment options.
On our new app, available on both the Apple App Store and on Google Play, we connect you with a world of gold investments, which includes everything you need like the gold price in China and the option to buy, sell and gift gold.
Rush allows you to use your gold as a currency and pay for goods and services. Rush is also available through payment platforms like Samsung Pay, Google Pay and Apple Pay.
To get a better understanding of historical and more real-time gold prices in China, you can bookmark this page or even download the free Rush app—whether or not you’re ready to invest in gold just yet.
Once you have the insights you need, the Rush app will be right there waiting for you.
Gold; a historical investment with a reputation for stability and security
As an investment asset, gold has quite the history. A treasure for kings and an asset backing the value of the US dollar as recently as the 1970’s, gold has remained through the ages as the top quality store of wealth.
Today, gold investors come in various guises. Some buy gold bullion, some gold jewellery, and some, digital gold.
At Rush, we specialise in digital gold. Our platform provides you the full benefit of gold investment and trading with the option to buy, sell, gift and pay with gold.
What you need to know about gold investments in China
As it happens, China is the world’s largest producer and user of gold. When you look at gold price performance before, during and after a crisis, there are dips and rises that indicate that while the precious metal is somewhat volatile in the midst of global events, it may have the ability to recover.
The country also happens to be one of the world’s largest gold importers in addition to producing gold in the tonnes, domestically.
The rise in the gold price in China has also led to other ambitious projects as recently as 2020. Chinese gold mining companies are turning their attention to the international stage and are buying equity stakes in other gold mining companies around the world.
Digital gold and Rush; a relationship we’ve been building for years
We understand that taking one of the oldest investment assets to the internet would not be something people would understand overnight.
That’s why we’ve taken numerous of measures to instil confidence in digital gold. While you own title to gold when you become an investor on the Rush app, we store your gold in secure Brink’s vaults. Brinks has a reputation and history in securing precious metal that stretches back more than a century.
Your gold is also insured by Lloyd’s of London. It is also audited, tracked and protected by Australian law. What’s more, is that we extend this level of diligence to your data. Our work is compliant with ISO 27001, a leading information security standard.
You’d assume that with this level of protection and scrutiny that becoming a gold investor on the Rush app is a cumbersome process.
What we’re most proud of is, though, the fact that apart from accessing accurate insights on the gold price in China, you can buy, sell, gift and pay with gold with surprising ease—it’s just as easy as a bank transfer, if not easier.
Is digital gold the right investment asset for me?
One of the best things about gold as an investment asset is that it is more accessible to people compared to other assets, depending on where you’re investing.
On the Rush app, you don’t need specialised knowledge or even a sizable bank balance to become an investor. Given that we operate without minimum purchase limits, you can spend as much or as little as you want to get started or build your gold portfolio.
The best part is that with gold, you can choose to either be an active investor or not. If you need to free cash up in a hurry, all you need to do is use the cash out feature, an option you may not have with other investment assets.
That said, it’s important to remember that at the end of the day, gold is still an investment asset—not an infallible money-maker. Like other investments, it comes with its own set of risks
When you invest in gold, make sure you’re looking at market trends and doing your research when you buy, sell, gift or pay with gold using the Rush app.