外汇储备续创10年以来新高 连续五个月站上3.3万亿美元

Group 1: Foreign Exchange Reserves - As of December 2025, China's foreign exchange reserves reached $335.79 billion, an increase of $11.5 billion from November, marking a 0.34% rise and the highest level since December 2015 [1][8] - The increase in reserves is attributed to the decline in the US dollar index, which fell by 1.1% to 98.3, influenced by monetary policies and macroeconomic data from major economies [1][3] - The overall trend for foreign exchange reserves in 2025 is expected to remain stable, supported by China's economic growth and a diversified export market [4][12] Group 2: Gold Reserves - The central bank increased its gold reserves for the 14th consecutive month, reaching 7.415 million ounces (approximately 2306.323 tons), with a month-on-month increase of 30,000 ounces [2][9] - The pace of gold accumulation has slowed, reflecting a balance between optimizing reserve structure and controlling acquisition costs amid rising gold prices [2][6] - The strategic importance of gold in the central bank's asset allocation is emphasized, as it serves as a hedge against geopolitical uncertainties and market risks [6][14] Group 3: Market Outlook - Analysts predict that the gold market will enter a new phase characterized by multiple influencing factors, including ongoing geopolitical uncertainties and potential changes in the global economic recovery [15] - The central bank's strategy of increasing gold reserves is not driven by short-term price gains but rather a long-term perspective on asset diversification and risk management [14][15] - The trend towards diversification of international reserves is expected to continue, with emerging market central banks increasing their gold holdings [13][15]