AI Data Insight
China's latest total gold reserve value for Q2 2026 slightly declined to $340.752 billion, falling short of the previous value of $344.172 billion. Although the book value shrank along with the pullback in international gold prices, the People's Bank of China (PBOC) essentially took advantage of the dip to increase its holdings, adding 320,000 ounces in a single month and setting a record of 19 consecutive months of gold purchases. The market consensus believes that under the strategy of de-dollarization and foreign exchange reserve diversification, official long-term buying remains solid.