-
Central banks see gold as the reserve asset of choice - ECB report
Gold continues to assert its dominance in global financial markets as an important monetary asset, with the European Central Bank highlighting a significant milestone for the precious metal. In its annual report examining the international role of the euro, the ECB noted that although central bank gold demand slowed last year, it was still enough to push gold past U.S. Treasuries as the largest share of global reserve assets. The analysts said that because of gold's historic rally, it represented roughly 27% of global reserve assets at the end of the year. As of the end of 2024, gold holdings accounted for 20% of ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Gold has overtaken US Treasuries to become the world’s top reserve asset, signalling a major shift in the global financial landscape as central banks continue to increase their holdings of the precious metal amid geopolitical uncertainty, according to a new report by the European Central Bank (ECB). The ECB, in its June 2026 report titled ‘The International ...
From morningstar.com | Jun 2, 2026
The share of gold in total official foreign reserves - comprising both foreign exchange and gold holdings - had increased to 27% at the end of 2025, moving ahead of U.S. Treasurys at 22%. Share of central-bank holdings by asset. The move was driven by valuation effects - gold purchases actually slowed down last year, but prices (GC00) surged. Using 2023 ...
From vtmarkets.com | Jun 2, 2026
Gold has struggled to keep pace with other commodities as tight global energy markets and rapidly shifting central bank expectations reshape market positioning. Ongoing US–Iran tensions have not translated into the usual lift for safe-haven assets; instead, higher oil prices and a more hawkish tilt from most central banks have weighed on the metal. Some ...
