[The People's Bank of China Increases Gold Reserves for the 11th Consecutive Month] The People's Bank of China: As of the end of September, China's gold reserves stood at 74.06 million ounces (approximately 2,303.523 tons), an increase of 40,000 ounces (approximately 1.24 tons) compared to the previous month, marking the 11th consecutive month of gold reserve increases. At the end of August, gold reserves were reported at 74.02 million ounces.