Investing.com -- 中国央行10月连续第24个月增持黄金储备，将买入势头延续至两年，正值金价录得2008年以来最陡峭的10月跌幅。
Investing.com -- China’s central bank increased its gold reserves for a 24th consecutive month in October, extending its buying streak to two years as bullion prices recorded their steepest October decline since 2008.
据周六发布的官方数据，中国人民银行增持83万金衡盎司，相当于约25.8公吨。2026年前10个月的购买量合计约129吨。
The People’s Bank of China added 830,000 troy ounces, equivalent to about 25.8 metric tons, according to official figures released Saturday. Purchases during the first 10 months of 2026 totaled approximately 129 tons.
最新增持发生之际，黄金10月下跌近7%，收盘跌破每盎司4000美元，此前曾触及一年低位。该跌幅标志着黄金自全球金融危机以来最差的10月表现。
The latest increase came as gold fell almost 7% in October, finishing the month below $4,000 an ounce after touching a one-year low. The decline marked the metal’s worst October performance since the global financial crisis.
中国近几个月加快了储备积累步伐，在下行行情中买入，这考验了投资者对贵金属的信心。
China has accelerated its reserve accumulation in recent months, buying into a downturn that has tested investor confidence in the precious metal.
根据世界黄金协会数据，央行是第三季度最大的公开披露官方买家。全球央行7至9月报告净买入321吨，为2024年最后三个月以来最强单季总量。官方部门需求在其他买盘疲软之际为金价提供了支撑。
The central bank was the largest publicly disclosed official buyer in the third quarter, according to World Gold Council figures. Central banks worldwide reported net purchases of 321 tons between July and September, the strongest quarterly total since the final three months of 2024. Official-sector demand has provided support for bullion at a time when other sources of buying have been subdued.
本周美国中期选举后黄金已收复部分失地，但价格仍较2月下旬伊朗战争爆发时的水平低逾20%。
Gold has recovered some ground following this week’s U.S. midterm elections, although prices remain more than 20% below levels seen when the Iran war began in late February.
与冲突相关的较高能源成本加大了通胀压力，推动更紧缩的货币政策。较高利率往往利空不生息的黄金。
Higher energy costs linked to the conflict have increased inflationary pressures, encouraging tighter monetary policy. Higher interest rates tend to weigh on gold, which pays no interest.
央行持续买入也影响了中国的零售需求，10月家庭在每盎司4000美元附近买入金条，预期长期价格将获支撑。其买入行动在今年全球贵金属市场大幅波动中持续进行。
The central bank’s continued purchases have also influenced retail demand in China, where households bought bullion near $4,000 an ounce during October in anticipation of longer-term price support. Its purchases have continued amid significant volatility across global precious metals markets this year.
最新的储备数据凸显了持续的官方买入与近几个月来黄金交易价格疲软之间的反差。
The latest reserve figures highlight the contrast between sustained official buying and the price weakness that has characterized gold trading in recent months.