For the purpose of studying the main influencing factors of gold price at present stage,qualitative analysis is conducted firstly according to the previous trends of gold price and impact variables,and then the main influencing factors of gold price at present stage are selected based on related theories. The monthly data from January,2001 to M arch,2016 are selected,and empirical analysis is conducted by establishing VAR model. The study finds that: the inflation rate has not correlation to gold price at t...