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)