Not so ‘treasured’ anymore! Why India, China are stacking up gold and trimming US Treasuries exposure

Gold has surpassed US Treasuries to become the world’s largest reserve asset - driven largely by the rise in bullion prices in recent years. But the other reality is that gold as a reserve currency, diversifier and safe haven asset is increasingly gaining prominence in a multipolar world fractured by geopolitics and evolving trade dynamics.

Raccontata datimesofindia.indiatimes.com