世界黄金协会调查:创纪录的45%受访央行计划在未来一年内增持黄金Record 45% of Central Banks Plan to Increase Gold Holdings, Survey Shows
根据世界黄金协会于2026年6月16日发布的年度央行黄金储备调查,创纪录的45%的受访央行计划在未来12个月内增加其自身的黄金储备,这一比例高于去年的43%。调查结果显示,约有九成的受访央行预计,未来12个月内全球央行的黄金总持有量将继续增加,同时有84%的受访者预计全球央行持有的黄金在总储备中的份额将在未来五年内上升。与对黄金的乐观态度形成鲜明对比的是,受访央行对美元的前景持悲观态度。调查显示,74%的受访者预计美元在全球储备中的份额将在五年内下降,这表明在持续的全球不稳定背景下,全球央行正在逐步减少对美元的依赖,去美元化趋势仍在继续。这一调查结果也表明,尽管今年黄金价格有所回落,但作为支撑黄金价格创纪录上涨的关键力量之一,全球央行增持黄金的意愿依然强劲。
According to the World Gold Council's annual Central Banks Gold Reserves Survey published on June 16, 2026, a record 45% of central banks plan to increase their own gold holdings over the next 12 months, up from 43% last year. The survey also reveals that about nine in 10 central banks expect global central bank gold holdings to continue increasing over the next 12 months, and 84% of respondents expect gold's share of total reserves held by central banks globally to rise over the next five years. In sharp contrast to this positive sentiment toward gold, 74% of respondents expect the US dollar's share of global reserves to decrease within five years. This expectation indicates a gradual shift away from the greenback as the de-dollarization trend continues amid global instability. These findings suggest that despite this year's pullback in gold prices, the strong buying intentions of central banks remain intact, continuing to serve as a key supporting force behind the precious metal's market dynamics.

01央行购金意愿创历史新高Record Central Bank Buying Intentions
世界黄金协会于2026年6月16日发布的年度央行黄金储备调查显示,计划在未来12个月内增加自身黄金储备的受访央行比例达到了创纪录的45%。这一数据高于去年的43%,表明全球官方机构对黄金的购买意愿依然在持续上升。尽管黄金价格在今年出现了一定程度的回落,但各国央行对黄金的强劲增持意愿并未动摇。
According to the World Gold Council's annual Central Banks Gold Reserves Survey published on June 16, 2026, a record 45% of surveyed central banks plan to increase their own gold holdings over the next 12 months. This figure represents an increase from the 43% recorded in last year's survey, demonstrating a growing appetite among official institutions to expand their bullion reserves despite the recent pullback in gold prices.
分析指出,创纪录的央行购金意愿已经成为支撑黄金价格此前创纪录上涨的关键力量之一。随着全球央行持续表现出对黄金的强烈兴趣,这种官方层面的购买需求预计将继续为黄金市场的整体走势提供重要的支撑。世界黄金协会的这一最新调查结果,进一步印证了黄金在当前全球金融体系中作为核心储备资产的独特吸引力。
This record-high buying intention highlights that central bank demand remains one of the key forces behind the precious metal's historic price rally. Even as market dynamics shift, the persistent interest from global monetary authorities continues to serve as a critical supportive factor for bullion, underscoring its enduring appeal as a reserve asset during periods of global uncertainty.
02全球黄金储备的长期增长预期Long-Term Growth Expectations for Global Gold Reserves
世界黄金协会的最新调查详细阐述了各国央行对全球黄金储备长期趋势的乐观态度。在受访的央行中,约有九成预计全球央行的黄金总持有量将在未来12个月内继续增加。这一预期表明,全球官方机构对黄金作为储备资产的需求不仅在短期内保持强劲,而且在未来一年内仍将呈现出普遍的增长态势。
The World Gold Council's latest survey details a highly optimistic outlook among monetary authorities regarding the long-term trend of global gold reserves. Among the surveyed central banks, about nine in 10 expect global central bank gold holdings to continue increasing over the next 12 months. This widespread expectation indicates that official demand for the precious metal is not only robust in the near term but is also projected to expand consistently over the coming year.
从更长的时间跨度来看,央行对黄金的青睐同样显著。调查结果显示,有84%的受访者预计,在未来五年内,黄金在全球央行总储备中所占的份额将会上升。这一数据反映出,在全球金融环境变化的背景下,各国央行正计划在长期资产配置中持续提高黄金的比重,从而推动全球官方储备结构向黄金倾斜。
Looking further ahead, central banks' preference for gold remains equally strong over a multi-year horizon. The survey results show that 84% of respondents expect gold's share of total reserves held by central banks globally to rise over the next five years. This high percentage reflects a strategic intention among global monetary authorities to steadily increase the proportion of gold in their portfolios, driving a long-term structural shift in official global reserves.
近期地缘政治与美元波动对金价的影响Recent Geopolitical and Dollar Fluctuations Impacting Gold Prices
展示近期美伊局势及美元走势如何交织并直接影响国际黄金价格的波动
Shows how recent US-Iran tensions and US dollar movements have intertwined to drive international gold price fluctuations
受美国对伊朗发动新一轮袭击影响,美元汇率走强并引发原油价格上涨。对通胀加剧的担忧抵消了避险情绪,现货黄金价格大幅下挫至每盎司4,380.62美元,创下自3月26日以来的最低水平。
Following fresh US military strikes on Iran, a strengthening US dollar and rising crude prices fueled inflation fears, offsetting safe-haven demand and plunging spot gold to a two-month low of $4,380.62 per ounce.
随着投资者对美伊达成和平协议的乐观预期升温,美元汇率走软。现货黄金价格周四显著上涨0.7%,报每盎司4,464.69美元,收复了此前的部分失地。
As optimism grew over a potential US-Iran peace agreement, the US dollar weakened, driving spot gold prices up by 0.7% to $4,464.69 per ounce, recovering previous losses.
尽管近期金价有所回落,但世界黄金协会发布的年度调查显示,创纪录的45%受访央行计划在未来一年内增持黄金,且74%的受访者预计美元在全球储备中的份额将下降。
Despite recent pullbacks in gold prices, the World Gold Council's annual survey reveals a record 45% of central banks plan to increase gold holdings, with 74% expecting the US dollar's reserve share to decline.
03去美元化趋势与美元地位下滑De-dollarization Trends and the Decline of the Greenback
世界黄金协会的最新调查结果揭示了全球官方储备资产配置的结构性转变,其中去美元化趋势在持续的全球不稳定背景下尤为显著。调查显示,受访央行对美元前景的预期与对黄金的乐观态度形成了鲜明对比。具体而言,有74%的受访者预计,美元在全球储备中所占的份额将在未来五年内出现下降。这一数据反映出全球货币当局对美元长期主导地位的信心正在减弱。
The World Gold Council's latest survey highlights a structural shift in global reserve asset allocation, with the trend of de-dollarization becoming increasingly prominent amid ongoing global instability. The sentiment among central banks regarding the outlook of the US dollar stands in sharp contrast to their highly optimistic view of gold. Specifically, 74% of the survey respondents expect the US dollar's share of global reserves to decrease within the next five years, reflecting a decline in confidence toward the greenback's long-term dominance.
这种对美元份额下滑的预期,进一步印证了全球央行正在逐步减少对美元的依赖,并向多元化储备资产过渡。随着全球局势的不确定性持续存在,各国央行在减少美元资产的同时,正通过增加黄金储备来优化其资产组合。这种去美元化的趋势不仅表明了美元在全球储备体系中主导地位的逐渐淡化,也解释了为何黄金作为避险资产在官方储备中的重要性得到了历史性的提升。
This expected decline in the US dollar's share underscores a gradual shift away from the US currency as monetary authorities seek to diversify their official portfolios. As global uncertainties persist, central banks are actively managing risks by reducing their reliance on the greenback while simultaneously expanding their gold holdings. This ongoing de-dollarization trend indicates that the world's primary reserve currency is gradually losing ground, further explaining the historic rise in the strategic importance of gold as a preferred reserve asset.




