China's official foreign exchange reserves rose to $3.419 trillion in July 2026 from $3.416 trillion in June, in line with market expectations, while gold holdings increased to 76.08 million troy ounces from 75.44 million. The report linked the foreign exchange reserve gain to a late-July drop in the dollar after the Fed decision and a joint Japan-U.S. intervention to strengthen the yen. In value terms, China's gold reserves climbed to $306.35 billion from $303.72 billion, extending the 20-month run of monthly purchases previously reported by the People's Bank of China and keeping attention on global bullion demand, pricing and gold's safe-haven role as investors monitor Fed policy, inflation and geopolitical risks.