China's central bank increased its holdings of gold for the 19th consecutive month

On June 7, according to data from the central bank, China's gold reserves at the end of May were reported at 74.96 million ounces (about 2331.52 tons), an increase of 320,000 ounces (about 9.95 tons) month-on-month, and 74.64 million ounces (about 2321.56 tons) at the end of April, marking the 19th consecutive month of increased holdings of gold. Statistics from the State Administration of Foreign Exchange show that as of the end of May 2026, my country's foreign exchange reserves were US$3.4422 billion, an increase of US$31.7 billion from the end of April, or 0.93%.