FINANCE

China’s Foreign Reserves Edge Higher in September as Global Bonds Rally

Published: Oct. 8, 2025 1:46 a.m. GMT+8

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China increases gold reserve by 40,000 ounces in September to 74.06 million ounces.

China’s foreign exchange and gold reserves both climbed in September, buoyed by global asset gains and a weaker dollar, signaling continued confidence in the country’s external position even as central banks worldwide slow their gold purchases.

The State Administration of Foreign Exchange said Tuesday that China’s foreign exchange reserves stood at $3.34 trillion at the end of September, up $16.5 billion, or 0.5%, from the previous month. Officials attributed the increase to “combined effects of exchange rate movements and changes in asset prices.”

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China’s foreign exchange reserves rose to $3.34 trillion in September 2024, up $16.5 billion, aided by a weaker dollar and rising global asset prices.
Gold reserves increased by 40,000 ounces to 74.06 million ounces, continuing an 11-month expansion but at a slower pace.
Global central banks, including China, slowed gold purchases as prices surged 12% in September; diversification, not anti-dollar sentiment, drives the trend.

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