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ChemPriceHub Important Reminder: Shanghai Gold Price Rises by 1.01%
Published on 2026-01-06
On January 5, 2026, the Shanghai Gold Exchange's Shanghai Gold (standard weight 1 kilogram, gold ingot with a fineness not less than 99.99%; pricing contract) afternoon session benchmark price was quoted at 1,002.84 yuan per gram, an increase of 9.98 yuan per gram (1.01%) compared to the previous trading day's afternoon session benchmark price of 992.86 yuan per gram. PriceSeek's analysis of gold, with a long-short score of 1.5, reports that the spot price of gold on the Shanghai Gold Exchange rose by 1.01% compared to the previous trading day, reaching 1,002.84 yuan per gram, indicating a strengthening bullish sentiment in the market, possibly driven by safe-haven demand or macroeconomic factors. This increase in spot prices has a positive impact on gold futures prices, as futures contracts are typically priced based on spot prices. Moreover, the current gold futures market (such as the main contract on the Shanghai Futures Exchange) also shows a similar upward trend, reflecting improved investor confidence. Therefore, a score of +1.5 indicates a relatively strong positive outlook, and it is expected that both spot and futures prices will be boosted.