diff --git a/extension/_test/typographer.txt b/extension/_test/typographer.txt
index 556353c..cf5fea6 100644
--- a/extension/_test/typographer.txt
+++ b/extension/_test/typographer.txt
@@ -134,3 +134,10 @@ We're talking about the internet --- 'net for short. Let's rock 'n roll!
 //- - - - - - - - -//
 <p>We&rsquo;re talking about the internet &mdash; &rsquo;net for short. Let&rsquo;s rock &rsquo;n roll!</p>
 //= = = = = = = = = = = = = = = = = = = = = = = =//
+
+19: Quotes in alt text
+//- - - - - - - - -//
+![Nice & day, **isn't** it?](https://example.com/image.jpg)
+//- - - - - - - - -//
+<p><img src="https://example.com/image.jpg" alt="Nice &amp; day, isn&rsquo;t it?"></p>
+//= = = = = = = = = = = = = = = = = = = = = = = =//
diff --git a/renderer/html/html.go b/renderer/html/html.go
index 6dd2bbd..65ffc72 100644
--- a/renderer/html/html.go
+++ b/renderer/html/html.go
@@ -571,7 +571,7 @@ func (r *Renderer) renderImage(w util.BufWriter, source []byte, node ast.Node, e
 		_, _ = w.Write(util.EscapeHTML(util.URLEscape(n.Destination, true)))
 	}
 	_, _ = w.WriteString(`" alt="`)
-	_, _ = w.Write(util.EscapeHTML(n.Text(source)))
+	_, _ = w.Write(nodeToHTMLText(n, source))
 	_ = w.WriteByte('"')
 	if n.Title != nil {
 		_, _ = w.WriteString(` title="`)
@@ -840,3 +840,17 @@ func IsDangerousURL(url []byte) bool {
 	return bytes.HasPrefix(url, bJs) || bytes.HasPrefix(url, bVb) ||
 		bytes.HasPrefix(url, bFile) || bytes.HasPrefix(url, bData)
 }
+
+func nodeToHTMLText(n ast.Node, source []byte) []byte {
+	var buf bytes.Buffer
+	for c := n.FirstChild(); c != nil; c = c.NextSibling() {
+		if s, ok := c.(*ast.String); ok && s.IsCode() {
+			buf.Write(s.Text(source))
+		} else if !c.HasChildren() {
+			buf.Write(util.EscapeHTML(c.Text(source)))
+		} else {
+			buf.Write(nodeToHTMLText(c, source))
+		}
+	}
+	return buf.Bytes()
+}