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Today’s gold price / How much is one qian?

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In Taiwan, “today’s gold price” is often quoted in TWD per qian. The homepage theoretical qian converts a COMEX gold reference (USD per troy ounce) with Bank of Taiwan USD spot-sell into grams and qian. Comparison only — not a jewelry shop’s trade price.

What is a Taiwan qian here?

This site uses the common jewelry convention: 1 qian = 3.75 grams. USD/oz becomes TWD/gram, then × 3.75 for TWD/qian. A troy ounce is about 31.1034768 grams; pages label the source and FX basis.

If a page shows grams or another unit, the same theoretical cost is converted — different unit, same method.

COMEX × Bank of Taiwan FX

Outline: (1) take COMEX gold futures (GC) or a public spot fallback in USD/oz; (2) multiply Bank of Taiwan USD spot-sell; (3) divide by 31.1034768 for TWD/gram; (4) multiply 3.75 for TWD/qian. If BOT FX is unavailable, a market FX fallback may be used and labeled.

Theoretical buy excludes dealer spread, making charges, tax and brand premium. When the market is closed or delayed, quote pages keep the last valid figure and label status — missing prices are never invented.

How does this differ from a shop board?

Shop boards add inventory, purity and processing. Estimated sell on this site adds about 4% to theoretical buy as a band check, not a posted price. Use the jewelry page for Taiwan estimates and the COMEX page for USD/oz. A Bank of Taiwan gold passbook is a separate gram-denominated bank product, not this theoretical qian — see the passbook guide.

Global quotes cover multi-currency weights; gold-price news sits under Market news → Gold prices.

Gold price guides

Other explainers on the same topic, already on the guides hub. Methods and units only — not a shop, bank, or recycler trade price.

  1. Reading today’s gold: BOT vs COMEXHow COMEX USD and BOT FX make a theoretical index — not a shop board.
  2. Gold units: gram / qian / taelTaiwan weight conversions, linked to the qian theory guide.
  3. How to read jewelry gold pricesTheoretical buy vs estimated sell +4% — not a shop board.

MARKET BRIEFS

Only briefs whose headline matches this guide — not the whole news index. Figures are for reference only, not a shop or bank board price.

  1. Gold price rises over 2% from one-year low on softer oil prices; US midterms in focus
  2. Gold price rises as lower oil prices ease inflation fears ahead of Fed meeting
  3. Gold price rallies as lower yields, AI stock selloff fuel haven demand

Related quote pages

Today’s gold priceJewelry gold priceCOMEX gold priceGlobal quotesGold passbook vs jewelryMarket news · Gold prices

Theoretical qian is for reference only — not a shop, bank or recycler trade price. Not investment advice. No Product/Offer markup for invented boards.

Today’s gold price FAQ

Is the homepage qian a live shop price?

No. It is a Taiwan theoretical qian (and gram) from COMEX × Bank of Taiwan USD spot-sell. Comparison only, not a dealer trade price.

Why use the bank’s sell FX rate?

The model treats buying USD with TWD as the cost side of an international gold reference, so it uses Bank of Taiwan USD spot-sell. That is a consistent theoretical choice, not a bank or shop deal.

How do I convert qian and grams?

1 qian = 3.75 g. TWD/qian ÷ 3.75 ≈ TWD/gram; TWD/gram × 3.75 ≈ TWD/qian. Actual trades still follow shop weighing and boards.