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PBOC Gold Reserve Accumulation Extends to 18 Consecutive Months to Anchor Cross-Border Currency Swap Liquidity

The People's Bank of China extended its official gold reserve accumulation to 18 consecutive months, bolstering bullion liquidity for cross-border currency swaps.

By TLA AI Editor3 min read

Beijing, 25 August 2026 – In a sustained effort to reinforce sovereign balance sheet resilience and provide tangible asset backing for its expanding bilateral local, currency swap arrangements, the People’s Bank of China (PBOC) has extended its official gold reserve accumulation for an 18th consecutive month, purchasing approximately 60,000 fine troy ounces of bullion in the latest reporting cycle and bringing total sovereign holdings to an all-time high of 73.15 million ounces (equivalent to approximately 2,275 metric tonnes).

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.