Gold Dethrones The King: ECB Confirms Barbarous Relic Has Overtaken Treasuries As Top Global Reserve Asset

Gold Overtakes US Treasuries as Top Reserve Asset: ECB Data

Gold overtook U.S. Treasuries as top official reserve asset (27% vs 22%), driven by 60% price rally and central bank hedging amid geopolitical risks. Central banks' pivot toward asset diversification amid geopolitical tensions reshapes global monetary stability and financial system reliance.