The appreciation of RMB will lead to the depreciation of the US dollar to a certain extent, and the depreciation of the US dollar will lead to an increase in the price of gold. The main reason is that gold, as a safe-haven investment product, will increase investors' investment in the US dollar and reduce their investment in gold, which will lead to a decline in the price of gold to avoid losses caused by the depreciation of the US dollar.

Therefore, the appreciation of RMB will lead to the rise of gold price to some extent.