Group 1 - As of the end of Q3 2025, global official gold reserves reached approximately $3.69 trillion, accounting for 28.9% of total official reserves, marking a new high since 2000 [4][27]. - The International Monetary Fund (IMF) reported that the dollar's share in global foreign exchange reserves fell to 56.92% in Q3 2025, the lowest level since 1995, continuing a trend of being below 60% for over ten consecutive quarters [4][27]. - The People's Bank of China (PBOC) has been increasing its gold reserves consistently, with a total increase of 1,151 million ounces (approximately 358 tons) since November 2022 [3][11]. Group 2 - The trend of central banks increasing gold reserves has been ongoing for 15 years, with a notable increase in purchases from emerging market central banks, which accounted for over 45% of net gold purchases in 2023 [5][23]. - In 2022, global central banks purchased a total of 1,081.9 tons of gold, with purchases remaining above 1,000 tons annually through 2024 [18][20]. - The World Gold Council's report indicates that the demand for gold from central banks has significantly increased since 2022, driven by geopolitical tensions and a shift in reserve asset preferences [23][24]. Group 3 - The PBOC's gold reserve stood at 7,415 million ounces (approximately 2,306.32 tons) by the end of December 2025, reflecting a year-on-year increase of 86 million ounces (approximately 26.75 tons) [8][11]. - The PBOC's strategy of increasing gold reserves is part of a broader trend among central banks to diversify their reserve assets, with gold being viewed as a stable and secure investment [12][15]. - The World Gold Council's survey indicates that over 90% of central banks expect to increase their gold reserves in 2026, with a significant portion anticipating a decline in the dollar's share of global reserves over the next five years [35][36].
全球央行连续15年净购入黄金,如何重塑国际储备格局!中国外储优化:四年购金超350吨,官方黄金储备约2306.32吨
Sou Hu Cai Jing·2026-01-22 03:39