China Gold Reserves: China has continued steadily increasing its gold reserves, extending its buying streak to 16 consecutive months. In February, the country’s central bank added more gold, taking total holdings to about 74.2 million ounces, worth roughly $387.6 billion. The move reflects China’s broader strategy to strengthen its financial position by diversifying its reserves and reducing reliance on the U.S. dollar. At the same time, the country’s foreign exchange reserves have also been rising, supported by currency movements and stronger asset prices. China has also significantly increased gold imports from Russia in recent months, and analysts believe the actual amount of gold being accumulated could be much higher than the officially reported figures.
China Gold Reserves: Buying History
According to market reports, the latest gold addition extends a long streak of steady accumulation by the Chinese central bank. Since November 2024, the PBOC has increased its gold holdings by about 1.4 million ounces, highlighting Beijing’s continued commitment to strengthening its bullion reserves.
At the same time, China’s overall foreign exchange reserves also increased. SAFE data showed that reserves stood at $3.4 trillion at the end of February, representing a $8.7 billion increase from January and marking the seventh consecutive monthly rise.
Officials attributed the increase largely to exchange-rate conversion effects and asset price gains, which were influenced by the strengthening U.S. dollar index.
This followed another significant month of imports. In October 2025, Chinese purchases of Russian gold were estimated at $930 million, meaning shipments exceeded $900 million for two consecutive months.
The pace of trade accelerated significantly toward the end of the year. From January through November 2025, China imported about $1.9 billion worth of Russian gold, nearly nine times higher than the same period the previous year, when imports totalled just $223 million.
According to market experts China’s continued gold purchases are part of a broader policy aimed at reducing dependence on the U.S. dollar and strengthening the country’s financial resilience.
However, some experts suggest that official figures may understate the true scale of China’s gold accumulation.
In October, French banking giant Société Générale estimated that China’s real gold purchases could be ten times larger than those reported by the PBOC. By analysing differences between bullion imports, domestic gold production, and official reserve data, the bank suggested Beijing may have purchased around 250 tons of gold instead of the officially reported 25 tons during certain periods.
The analysis, based partly on UK gold export data, indicated that China may have added more than 1,080 tons of gold to its reserves since mid-2022.
With global uncertainty remaining high and central banks increasingly diversifying their reserves, China’s steady gold accumulation continues to play a significant role in shaping the global precious metals market.
FAQs
1. How much gold did China add to its reserves in February?
According to a reports, the People’s Bank of China added 30,000 ounces of gold to its reserves in February 2026.
2. What is China’s total gold reserve now?
China’s gold reserves have reached 74.2 million ounces, valued at approximately $387.6 billion as of the end of February.
3. How long has China been increasing its gold reserves?
China has been adding gold to its reserves for 16 consecutive months, highlighting a consistent accumulation strategy.
4. Why is China buying more gold?
Experts believe China is increasing gold reserves to reduce dependence on the U.S. dollar, diversify foreign exchange reserves, and strengthen financial security amid global uncertainties.
Gold Price Today Digital Media Network
Facebook Page (129K Followers)- https://www.facebook.com/Goldsilverpricetoday
Facebook group of (80K Jewellers Member – Sunar Jewellers Ekta – https://www.facebook.com/groups/goldsilverpricenews
Website (100000 Users)- https://goldpricetoday.co.in/
Instagram (51K Followers)- https://www.instagram.com/goldpricetodaynews/
X- https://twitter.com/today_gold
Telegram Group (2000 Members)- https://telegram.me/goldsilverprice
Magazine (20000 Digital Subscribers): Gold Silver News For Magazine Subscription Contact +919111435279
Whatsapp News(25000 Members): +918448469588
