Silver price in Chinese Yuan (CNY) — China
Today, 999 fine silver costs about 14.91 CNY per gram in China — roughly 463.75 CNY per troy ounce and 14,910 CNY per kilogram. Prices come from the global XAG/USD spot rate, converted into Chinese Yuan at China's parallel-market exchange rate.
How the silver price in CNY is calculated
Silver is quoted internationally in US dollars per troy ounce (XAG/USD). To express it in Chinese Yuan, we convert the spot price to a per-gram figure, apply the purity factor, and convert to CNY at China's parallel exchange rate — the rate at which dollars actually trade, rather than the lower official People's Bank of China (PBoC) rate.
Silver units and purities (gram, ounce, kilogram)
One troy ounce equals 31.1035 grams and one kilogram is 1,000 grams, so the per-ounce price is the per-gram price times 31.1035, and the per-kilo price is times 1,000. Purity is given in thousandths: 999 is fine (investment) silver, 925 is sterling, 900 and 800 are common in coins. A 925 piece is worth about 92.5% of the 999 price for the same weight.
Why silver prices follow the parallel market in China
China manages the yuan within a daily band, so the real "gap" is between onshore and offshore rates rather than a true street market. Like gold, silver is a dollar-priced store of value, so its CNY price climbs as the parallel rate weakens. Tracking silver in Chinese Yuan gives a low-cost read on the same currency pressures that move gold and the street dollar.