China: Gold Reserves (100 Million USD)

Macro

2026-07-07

Description

-

Published by
People's Bank of China (Choice)
Frequency
Monthly
Next Update

AI Data Insight

China's newly released total gold reserves for 2026-06-01 (Q2 2026) stood at $303.724 billion, a significant pullback of approximately 10.8% from the previous value of $340.752 billion. However, the decline in value was primarily driven by the valuation effect of plummeting international gold prices; the actual physical gold holdings not only remained unreduced but instead set a record of 20 consecutive months of accumulation. This indicates that under the de-dollarization trend, the official long-term allocation strategy of "buying the dip" remains unshaken.

AI Data Insight

China's newly released total gold reserves for 2026-06-01 (Q2 2026) stood at $303.724 billion, a significant pullback of approximately 10.8% from the previous value of $340.752 billion. However, the decline in value was primarily driven by the valuation effect of plummeting international gold prices; the actual physical gold holdings not only remained unreduced but instead set a record of 20 consecutive months of accumulation. This indicates that under the de-dollarization trend, the official long-term allocation strategy of "buying the dip" remains unshaken.

Description

-

Published by
People's Bank of China (Choice)
Frequency
Monthly
Next Update