我国黄金现货价格近年来持续上升,这与国际金价的变化趋势基本一致,价格变动的原因可以从供求因素、美元疲软、货币政策等方面得到解释。实证检验结果说明,我国上海黄金交易所市场虽然成立时间较短,但从其价格运行看,已经达到和国际市场同步,国际黄金市场价格变化和运行启示对于我国投资者的市场操作有重要的参考和指导意义。 The spot gold price in our country has continued to rise in recent years. This is consistent with the trend of international gold prices. The reasons for the price fluctuation can be explained from the factors of supply and demand, the weak US dollar and monetary policy. The empirical test results show that although the market of Shanghai Gold Exchange is short, its price operation has reached the same level with the international market. The price changes and operational implications of the international gold market have important reference for the market operation of Chinese investors And instructive.