我国外储规模连续三个月保持在3.3万亿美元上方 央行连续12个月增持黄金储备

Core Insights - China's foreign exchange reserves reached a record high of $33,433 billion as of October 2025, marking a $47 billion increase from September, and maintaining above $3.3 trillion for three consecutive months, the highest level since December 2015 [2][3] - The diversification of China's international reserve assets continues to progress steadily, with gold reserves increasing by 30,000 ounces to 7,409 million ounces, marking the 12th consecutive month of gold accumulation [2][5] Group 1: Foreign Exchange Reserves - The increase in foreign exchange reserves is attributed to the strengthening of the US dollar and the overall rise in global financial asset prices, which provided a supportive effect for China's reserves [3] - In October, the US dollar index rose by 2.1% to 99.8, reaching a new high since August, while major global stock indices saw significant increases, contributing to the positive valuation effect on China's foreign reserves [3] - Experts suggest that the current level of foreign reserves is slightly above $3 trillion and is considered adequately sufficient, providing important support for maintaining the RMB exchange rate at a reasonable equilibrium [3][4] Group 2: Gold Reserves - The People's Bank of China increased its gold reserves by 30,000 ounces in October, continuing a trend of accumulation amid high gold prices, which reached a historical peak of $4,294 per ounce before settling around $4,000 [5] - The ongoing accumulation of gold reserves is seen as a strategy to optimize the structure of foreign exchange reserves and mitigate risks associated with a high proportion of dollar assets, especially in the context of fluctuating dollar values and geopolitical risks [5]