The invention relates to an automatic gain control method suitable for an OFDM (Orthogonal Frequency Division Multiplexing) system. The method comprises the following steps of measuring baseband signals and adjusting gains, and the method is realized by a measuring circuit and a gain adjustment circuit. In the method, an AGC (Automatic Gain Control) technology is executed by the OFDM system; the AGC includes two parts: measuring signals and calculating next used gains according to the measured value. The gain of a radio frequency receiver chip is adjusted by the cyclic prefix (CP) time of the OFDM system, gains in one frame can be repeatedly adjusted, convergence time is shortened, the OFDM symbol of the received signal can be tracked, the AGC locking is greatly quickened, and signals in one frame can be tracked. The reception of the effective data cannot be affected when the convergence time is shortened.