最新一期外汇储备数据出炉。1月7日，国家外汇管理局统计数据显示，截至2025年12月末，我国外汇储备规模为33579亿美元，环比升幅为0.34%。自2025 年8月以来，我国外汇储备规模连续5个月上涨。 黄金储备方面，人民银行官方储备资产数据显示，截至2025年12月末，我国黄金储备报7415万盎司，人民银行连续第14个月增持黄金。从全年表现来看， 2025年我国外汇储备规模增加1555亿美元，黄金储备增长86万盎司。有分析人士指出，未来外储规模有望保持基本稳定，人民银行增持黄金仍是大方向。 外储规模创十年来新高 1月7日，国家外汇管理局发布的统计数据显示，截至2025年12月末，我国外汇储备规模为33579亿美元，较11月末上升115亿美元，升幅为0.34%。 值得一提的是，这也是2015年12月以来，我国外汇储备规模达到的最高水平。 回顾2025年全年外储规模变动情况，我国外汇储备呈现"整体攀升、小幅波动"的运行格局，全年共计11个月实现正增长，累计增加1555亿美元。2025年6 月，我国外汇储备规模在连月增长后突破3.3万亿美元，接着在7月回落至3.29万亿美元。8月至今，我国外汇储备规模已经连续五个 ...

Core Viewpoint - As of October 2025, China's foreign exchange reserves reached $3.3433 trillion, marking a $4.7 billion increase from September, the highest level since December 2015, with reserves remaining above $3.3 trillion for three consecutive months [1] Group 1: Foreign Exchange Reserves - The increase in foreign exchange reserves in October was influenced by major economies' monetary policies, macroeconomic data, and a rising dollar index, which led to an overall increase in global financial asset prices [1] - The dollar index rose approximately 1.95% in the past month, while the euro, yen, and pound depreciated against the dollar by 1.7%, 4%, and 2.2% respectively [1] - Despite the Federal Reserve's interest rate cut in October, the dollar index strengthened due to market expectations cooling on further rate cuts, alongside improved China-U.S. trade relations and increased geopolitical uncertainty [1] Group 2: Asset Prices and Economic Outlook - Global stock and bond markets strengthened in October, supporting China's foreign exchange reserves, with the 10-year U.S. Treasury yield declining by about 5 basis points due to the Fed's rate cut and government shutdown concerns [2] - The outlook for China's foreign exchange reserves remains stable, supported by the country's strong economic fundamentals and potential for growth [2] Group 3: Gold Reserves - As of October, China's official gold reserves increased to 7.409 million ounces, a rise of 30,000 ounces, marking the lowest increase since November 2024 [2] - The People's Bank of China has been gradually increasing gold reserves since March, with monthly increments below 100,000 ounces, signaling a strategy to optimize international reserves [2] - The gold market has experienced volatility, with prices briefly exceeding $4,300 per ounce before a rapid correction, indicating potential slowing in central bank purchases due to reaching target levels [3]

Core Viewpoint - China's foreign exchange reserves reached $3.3174 trillion by the end of June 2025, marking a $32.2 billion increase from the end of May, with a growth rate of 0.98% [1][3]. Group 1: Foreign Exchange Reserves - As of June 2025, China's foreign exchange reserves have remained above $3.2 trillion for 19 consecutive months, and have exceeded $3.3 trillion since September 2024 [1][3]. - The increase in reserves in June was influenced by macroeconomic policies and growth prospects of major economies, leading to a decline in the US dollar index and an overall rise in global financial asset prices [2][3]. - The US dollar index fell by 2.5% in June, reaching a three-year low, while non-US currencies appreciated against the dollar, contributing to the increase in foreign exchange reserves [3]. Group 2: Gold Reserves - By the end of June 2025, China's official gold reserves stood at 7.39 million ounces, an increase of 70,000 ounces from the previous month, with the central bank having increased its gold holdings for eight consecutive months [2][5]. - The ongoing global economic slowdown and geopolitical instability are driving central banks to continue accumulating gold, which is viewed as a hedge against inflation and a means of diversifying reserves [5]. - A recent survey indicated that over 90% of central banks expect to continue increasing their gold reserves in the next 12 months, with nearly 43% planning to add to their gold holdings [5].