随着金价涨势降温 中国央行连续13个月扩大黄金储备

Core Viewpoint - The People's Bank of China (PBOC) has increased its gold reserves for the 13th consecutive month, reflecting a strategic move to enhance its influence in the global precious metals market [1] Group 1: Gold Reserves - In November, the PBOC added 30,000 ounces of gold, bringing its total reserves to approximately 74.12 million ounces [1] - The current purchasing cycle by the PBOC began in November 2024 [1] Group 2: Gold Prices and Market Trends - After reaching a peak in October, gold prices have stabilized above $4,000 per ounce and are expected to achieve the best annual performance since 1979 [1] - Market expectations indicate that the Federal Reserve will lower interest rates during its meeting on December 9-10, which supports gold prices [1] - There is also anticipation that the next Federal Reserve chair will adopt a more dovish monetary policy [1] Group 3: Global Central Bank Purchases - Following a period of calm mid-year, global central bank gold purchases increased in October, driven by the need to hedge against dollar risks amid the Russia-Ukraine conflict and the freezing of foreign exchange reserves in Moscow [1] Group 4: China's Strategic Moves - The PBOC is actively reaching out to foreign central banks, proposing to store gold in China to enhance its financial influence and status in the global precious metals market [1] - So far, Cambodia has responded positively to this initiative [1]