Gold is rising crazy again! Just this morning, the international gold price reached $3,766 per ounce, which is the 30th record-breaking time in 2025. But strangely, domestic gold prices rose even harder, at 854 yuan per gram, which is higher than the international increase. What secret is hidden behind this?
I turned on my phone early this morning, and the news of gold price surged again. At 7:05 on September 24, 2025, the international gold price was $3,766.85 per ounce, up nearly $3 from yesterday. Although the increase is only 0.08%, this is another small step based on the fact that the gold price has already run at a high level.
The domestic market is more lively. Data from the Shanghai Gold Exchange shows that the domestic gold price has reached 854.50 yuan per gram, up 4.92 yuan in one day, an increase of 0.58%. The maximum during the trading session was 856.40 yuan, which makes people’s heart beat faster.
Silver is not willing to fall behind. International silver price was $44.11 per ounce, up 0.23%. The domestic silver price is 10,326 yuan per kilogram, equivalent to 10.33 yuan per gram, an increase of 0.50% in a single day. But platinum was in a bad mood, falling 0.94% to $1,513.19.
If you have been to the gold store recently, you must have been scared by the price. Zhou Shengsheng’s jewelry gold price is 1,105 yuan per gram, while Zhou Dafu and Lao Fengxiang are both 1,098 yuan. The investment in gold bars is only about 863 yuan, and the difference is enough to buy a small piece of jewelry.
Why is the price of gold so crazy? The Fed just cut interest rates in September, the first time in 2025. As interest rates are adjusted, the holding cost of gold will be lower, and people are more willing to put their money in safe-haven assets such as gold.
The global situation is not peaceful either. With geopolitical tensions and economic fluctuations, investors are looking for safe ports. Gold has been a safe haven since ancient times, and is now even more popular.
From a technical perspective, gold prices cannot stop after breaking through the historical high. The support level has moved up to the range of US$3760-3765, and only if you lose this position, you will consider a pullback. But now the market sentiment is so hot, and the pullback seems to be far from it.
The domestic gold price has risen sharply than the international one, which is related to the RMB exchange rate. The US dollar trend fluctuates, and domestic investors are particularly optimistic about gold, and the two forces push up the price together.
Data speaks the most realistic. Shanghai Gold Futures rose from 801.18 yuan on September 1 to 859.88 yuan now, up more than 7% in less than a month.
The gold recycling market is also very popular. The recycling price is now 836 yuan per gram, and many people turn it out and cash out the old jewelry at home.
But risks are also accumulating. Gold’s 12-day RSI indicator has reached an overbought level, and speculative net long positions have begun to fall.
Global central banks are still continuing to purchase gold, which is long-term support. Hong Kong is also promoting the construction of an international gold trading market, and these factors have made the underlying logic of gold still stable.
How do ordinary investors deal with it? Some people choose to buy gold bars. ICBC Ruyi gold bars are 863.47 yuan per gram, and Bank of China invests 863.10 yuan. Some people prefer gold ETFs, and flexible trading can also avoid the hassle of physical storage.
