The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...

Record-high purchases and a blistering rally in prices has seen gold overtake the euro as the second-largest asset in the ...

In a note to clients last week, UBS says the dollar is now “unattractive,” with further declines expected as the U.S. economy ...

Bullion made up about 20% of the global official reserves at the end of 2024, surpassing the euro's 16%, the ECB says in its ...

Gold has surpassed the euro as the second largest asset held in global reserves, the European Central Bank said, driven by ...

The precious metal made up around 20% of global official reserves at the end of 2024, overtaking the euro’s 16%, the central ...

Central banks have built up their gold stores in response to geopolitical tensions, inflation and concerns about the shifting ...

Gold has overtaken the euro as the world’s second most important reserve asset for central banks, driven by record purchases and soaring prices, according to the European Central Bank.

Central banks snapped up gold at a record pace last year, putting the safe-haven metal ahead of the euro as the second-most ...

The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...

Due to a combination of central bank gold buying and the surging price of gold, gold has overtaken the euro as the world’s number two reserve asset. But it’s not so much that gold is replacing ...