Gold Overtakes US Treasuries as Top Central Bank Reserve Asset Since the 1990s

TLDR: Gold now accounts for 24% of global central bank reserves, overtaking US Treasuries at just 21%. Gold’s reserve share has nearly tripled since 2015, driven by central bank buying and rising prices. The US seizure of Russia’s reserves in 2022 triggered a global shift away from dollar-denominated assets. China and BRICS nations have led [...]

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