Group 1: Foreign Exchange Reserves - As of December 2025, China's foreign exchange reserves reached $335.79 billion, an increase of $1.15 billion from the end of November, representing a growth rate of 0.34% [1] - The increase in foreign exchange reserves is attributed to factors such as the decline in the US dollar index and fluctuations in global financial asset prices, alongside China's stable economic growth [1] Group 2: Gold Reserves - By the end of December, China's gold reserves stood at 7.415 million ounces (approximately 2306.323 tons), with a month-on-month increase of 30,000 ounces (about 0.93 tons), marking the 14th consecutive month of gold accumulation [2] - The gold price has recently experienced a pullback, with spot gold trading below $4,450 per ounce, currently reported at $4,467 per ounce [3] Group 3: Market Outlook - UBS maintains a long-term bullish outlook on gold, citing continuous central bank purchases, stable ETF inflows, diversified demand, and undervaluation of gold mining stocks as supporting factors [6] - Despite a significant increase in gold prices in 2025, historical comparisons indicate that the current price levels are not excessively high, with the price having only increased 5.7 times since 2008 [6]
中国12月外汇储备规模环比上涨0.34%，中国央行连续第14个月增持黄金
Sou Hu Cai Jing·2026-01-07 08:45