Group 1 - As of the end of July 2025, China's foreign exchange reserves stood at $329.22 billion, a decrease of $25.2 billion from the end of June, representing a decline of 0.76% [1] - The decline in foreign exchange reserves was influenced by macroeconomic data, monetary policy, and expectations from major economies, leading to an increase in the US dollar index and a mixed performance in global financial asset prices [1][2] - The US dollar index rose by 3.4% in July, reaching a peak of 100.1042 on July 31, marking the highest level since May 23 [1] Group 2 - The depreciation of non-US currencies against the dollar resulted in a negative valuation effect on foreign exchange reserves, as the reserves are denominated in dollars [1] - The People's Bank of China has increased its gold reserves to 7.396 million ounces as of the end of July, adding 60,000 ounces since the end of June, continuing a trend of increasing gold holdings for nine consecutive months [2] - The long-term outlook for gold remains positive due to its advantages in hedging against risks, inflation, and maintaining value, with central banks expected to continue increasing gold investments amid global uncertainties [3]

当天更新的官方储备资产数据显示，2025年7月末，中国官方黄金储备为7396万盎司，较上月末增加6万 盎司。目前，中国央行已连续9个月增持黄金。 外储继续站稳3.2万亿美元 外汇储备是外汇资产，以美元作为记账货币。过去一个月，受主要经济体宏观经济数据、货币政策及预 期等因素影响，美元指数上涨，全球金融资产价格涨跌互现，我国外汇储备规模环比下降。 国家外汇管理局（下称外汇局）8月7日发布的最新统计数据显示，截至2025年7月末，中国外汇储备规 模32922亿美元，较6月末下降252亿美元，降幅为0.76%。目前，中国外汇储备规模已连续第20个月保 持在3.2万亿美元以上。 对于当月外汇储备规模变动，外汇局指出，7月受主要经济体宏观经济数据、货币政策及预期等因素影 响，美元指数上涨，全球金融资产价格涨跌互现。汇率折算和资产价格变化等因素综合作用，当月外汇 储备规模下降。 校对：赵燕 央行连续9个月增持黄金 当天更新的官方储备资产数据显示，2025年7月末，中国官方黄金储备为7396万盎司，较上月末增加6万 盎司。目前，中国央行已连续9个月增持黄金。 4月以来，中国央行每月增持黄金储备的量级均保持在6万或7万盎司。 ...

Core Insights - China's official gold reserves have increased for nine consecutive months, with a total of 7,396 million ounces as of the end of July, reflecting a month-on-month increase of 6,000 ounces [1][4][6] - As of the end of July, China's foreign exchange reserves stood at $32,922 billion, a decrease of $25.2 billion or 0.76% from the end of June, primarily due to fluctuations in the dollar index and asset prices [1][2][3] Foreign Exchange Reserves - The decline in foreign exchange reserves is attributed to a significant rise in the dollar index, which increased by 3.39% at the end of July compared to the end of June, reversing a five-month downward trend [2][3] - The depreciation of non-dollar currencies, including the Japanese yen, euro, and British pound, against the dollar has also contributed to the decrease in foreign reserves, as these reserves are primarily dollar-denominated [2][3] Gold Reserves Strategy - The continuous increase in gold reserves is seen as a strategic move to optimize the international reserve structure, with the current gold share in China's international reserves at 7.0%, significantly below the global average of around 15% [4][6] - Analysts predict that the trend of increasing gold reserves will continue, driven by the need to enhance the credibility of the sovereign currency and support the gradual internationalization of the renminbi [6] Market Outlook - The World Gold Council reported that global gold demand is expected to reach a historical high of 4,974 tons in 2024, with central banks remaining the primary buyers despite a slowdown in purchases in the second quarter [5] - The outlook for gold prices remains positive, with forecasts suggesting potential increases due to ongoing economic uncertainties and inflation concerns [4][5]

【环球时报驻德国、法国特约记者 青木 岳雯 环球时报记者 陆泽楠 徐嘉彤】编者的话："随着德国官员 要求在纽约联邦储备银行清点金条，美国黄金储备现状受到质疑。"数字经济新闻网站The Daily Hodl日 前这样报道称。数十年来，德国在美国金库内存放了1200多吨的黄金，而面对美国政府变化无常的经济 政策，关于撤回黄金储备的呼声再次出现。近些年来，斯洛伐克、波兰、匈牙利、印度、沙特、埃及以 及多个非洲国家都撤回了或宣布撤回本国存放在美国和英国的黄金储备。有专家对《环球时报》记者表 示，随着地缘政治不确定性上升，国际储备多元化等趋势越发明显，各国的"金融主权"意识正在加强， 随着美、英等黄金保管国的金融影响力逐渐减弱，其作为国际黄金交易枢纽的地位也可能受到影响。 美英是全球最大的两个黄金保管国 第三类国家则出于各自的原因并未公布其黄金储备的存放地点和数量，包括日本、哈萨克斯坦、乌兹别 克斯坦、泰国等国。上文提到的比利时以及欧洲中央银行也只公布其黄金的存放地点，而没有公布存放 数量。 虽然并非所有国家都详细披露了本国黄金储备存放地点及具体数量，但根据Bunker Group的估算，美国 和英国是全球最大的两个黄 ...