#China’sGoldReservesHit15-MonthHigh

The People's Bank of China (PBOC) increased its gold reserves for the fifteenth consecutive month, reaching a record high by the end of January 2026. The official gold stock reached 2,308 tons, with a value soaring to $3.696 billion – a jump of approximately $50 billion compared to the previous month. This move clarifies China's reserve diversification strategy in the face of geopolitical risks and global uncertainty. Gold constitutes 96% of total reserves. With market gold prices hovering around $5,000, China's persistent purchases are noteworthy. China's gold strategy is based on de-dollarization and reserve diversification. The PBOC systematically increases its gold reserves. This strategy aims to reduce dependence on the US dollar and enhance the international credibility of the yuan. Gold, as a tangible asset without counterparty risk, provides protection against sanctions. Despite market fluctuations, monthly purchases remain consistent; for example, around 12 tons were added in January. This approach, consistent with the general demand for gold among global central banks, is seen as a long-term structural change. As of January 2026, the purchase series reached its fifteenth month, official reserves rose to 2308 tons, valued at approximately $3696 billion, with gold constituting 96% of total reserves.