China Increases Gold Reserves by 40,000 Troy Ounces in January 2026

• Lyla Velez
• February 7, 2026
• Investment
• 0 Comments

Chinese authorities announced an increase in gold reserves by 40,000 troy ounces in January 2026, according to
the People’s Bank of China. This move aligns with their
ongoing strategy of diversification and covers the 15th consecutive month of gold acquisitions.

People’s Bank of China continues its trend of gold acquisitions, reflecting a broader strategy aimed at reducing dependency on the dollar. This step is part of China’s extended diversification plan amid evolving global forex environments.

In January 2026, the People’s Bank of China boosted its gold reserves by 40,000 troy ounces, reaching a total of 74.19 million ounces. This consistent behavior of gold purchasing occurred for a robust 15 months, in pursuit of reserve diversification goals.

**Ms. Zhang Yun, Financial Analyst, China Investment Corporation**, – “The ongoing purchases by the PBOC reflect a shift towards de-dollarization and a focus on gold as a reliable asset.”

With the addition, China aims to fortify its national reserves and adapt to ongoing de-dollarization trends like many other global financial powers. The reserve’s total value saw an increase, now standing at $369.58 billion.

The global gold market has responded to these developments, as evidenced by a price surge to approximately $4,960 per ounce. The continuous buying pattern underscores China’s resilience in managing foreign exchange reserves amid volatile financial climates.

Observers speculate possible regulatory maneuvers or monetary policy updates that assist China’s efforts reflective in these consistent purchases. Analysts believe China’s strategy could impact global currency markets if similar actions persist internationally.

Despite scant direct reactions from cryptocurrency markets, potential exists for indirect effects. The absence of specific changes in on-chain data suggests the crypto sector remains unaffected, though the forex stabilization efforts could influence broader economic channels later.