China Boosts Gold Reserves by Adding 42 Tons Over 14 Months

Beijing has continued to strengthen its bullion holdings, as official data show that China’s gold reserves have recorded a notable increase over the past fourteen months, reflecting sustained strong official demand for gold.

Since the current buying cycle began in November 2024, the People’s Bank of China has added about 1.35 million ounces — nearly 42 tons — to its reserves, coinciding with record-high global gold prices.

In the most recent month alone, China added roughly 30,000 ounces to China’s gold reserves, underlining its ongoing strategy of diversifying assets and strengthening safe-haven holdings.

Gold delivered a strong performance throughout 2025 despite volatility, achieving its best annual return in decades, supported by heavy central bank purchases and rising geopolitical risks.

International reports suggest that China’s gold reserves may be higher than officially reported, reinforcing gold’s role as a key hedging tool for Beijing against currency and market fluctuations.