[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![KobeissiLetter Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3316376038.png) The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 945.3K followers
Created: 2025-06-26 16:47:00 UTC

China is diversifying its currency reserves out of the US Dollar:

The share of US Treasury Holdings in total Chinese FX reserves has declined by ~15 percentage points since 2016, to ~22%, near the lowest in at least XX years.

Over the same period, gold's share has risen ~5 percentage points, to a record 6.8%.

This trend accelerated in 2022, and since then, gold's share of Chinese reserves has doubled.

Over this time, China has acquired ~200 tonnes of gold.

Gold is more desired than ever.

![](https://pbs.twimg.com/media/GuYXgU3XgAASXFq.jpg)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1938277830141288618/c:line.svg)

**Related Topics**
[money](/topic/money)
[united states dollar](/topic/united-states-dollar)
[currency](/topic/currency)
[china](/topic/china)

[Post Link](https://x.com/KobeissiLetter/status/1938277830141288618)