For the 12th consecutive month, the People's Bank of China increased its holdings by 30,000 ounces of gold in October
The State Administration of Foreign Exchange stated that in October 2025, influenced by the monetary policies and expectations of major economies, macroeconomic data, and other factors, the US dollar index rose, and the prices of global financial assets generally increased. The combined effects of exchange rate conversion and changes in asset prices led to an increase in foreign exchange reserves that month
On November 7th, Friday, the State Administration of Foreign Exchange statistics showed that as of the end of October 2025, China's foreign exchange reserves amounted to USD 33,433.4 billion, an increase of USD 4.68 billion from the end of September, with a growth rate of 0.14%.
As of the end of October, the People's Bank of China reported gold reserves of 74.09 million ounces (approximately 2,304.457 tons), an increase of 30,000 ounces (approximately 0.93 tons) month-on-month, marking the 12th consecutive month of gold accumulation.
The State Administration of Foreign Exchange stated that in October 2025, influenced by the monetary policies and expectations of major economies, macroeconomic data, and other factors, the US dollar index rose, and global financial asset prices generally increased. The combined effects of exchange rate conversion and asset price changes led to an increase in foreign exchange reserves for the month. China's economic foundation is stable, with many advantages, strong resilience, and great potential. The long-term supportive conditions and basic trends for improvement remain unchanged, which is conducive to maintaining the basic stability of foreign exchange reserves
