How high gold would need to trade if China’s entire annual trade surplus was settled through gold bullion instead of being stored in dollars, bonds or other assets?

China recorded a massive $1.2 trillion trade surplus in 2025.  Andrei Jikh decided to divide that number by China’s net GOLD IMPORTS for the year – approximately 940 metric tons. 

The number? 

A MIND NUMBING $39,000/oz:

Episode 15 of The SilverTrade Insider: The MATH Behind $16,000 GOLD!