China's gold reserves hit a new high: Why has "hoarding gold" become a consensus among major powers?

When the latest data on China's gold reserves is released in December 2025, the scale of $310.647 billion will break the record again—it's clear from the continuously rising curve in the chart that "increasing gold holdings" is no longer a short-term operation, but rather a long-term strategic layout.

Why are major global powers crazily "hoarding gold"? The core value of gold, which is irreplaceable, lies behind this phenomenon.

From the data, China has been steadily increasing its gold holdings every month for the past six months: from June 2025 to now, the monthly increase in gold weight has been at least 0.93 tons and at most 2.18 tons, with a corresponding value increase of up to $29.448 billion. This continuous accumulation essentially reflects gold's role as a "ballast" in the era of "geopolitical turbulence + excessive currency issuance"—when sovereign currencies like the US dollar and euro are affected by policy fluctuations, gold is the only "hard currency" that does not rely on any national credit, safeguarding the safety bottom line of national assets during black swan events.

The importance of gold has long surpassed the single label of being a "safe-haven tool":

For nations, adequate gold reserves provide the confidence for stable exchange rates—when the local currency faces depreciation pressure, gold can be quickly converted into foreign exchange to resist the impact of cross-border capital flows;

For the global landscape, gold is a key bargaining chip in "de-dollarization"—an increasing number of countries are accumulating gold, which essentially reduces reliance on the US dollar settlement system, using gold's "global consensus value" to hedge against the systemic risks of a single currency;

For ordinary investors, gold is the "safety cushion" of household assets—it is not influenced by market sentiment like stocks or funds, nor does it shrink in value like paper currency due to inflation, making it a "wealth anchor" that transcends economic cycles.

The continuous rise of China's gold reserves is both a response to global economic uncertainties and a reaffirmation of gold's value: in turbulent times, gold has never been an "outdated asset", but rather a core weapon for major power competition and asset preservation. Ordinary people may not need to hoard physical gold like countries do, but allocating a certain proportion of gold assets has long been a necessary choice for risk mitigation. #比特币VS代币化黄金 #黄金 #美联储重启降息步伐 $BTC $ETH