Gold Overtakes U.S. Treasuries in Central Bank Reserves
According to a European Central Bank report released on June 2, gold has surpassed U.S. Treasury securities as the largest reserve asset held by central banks globally for the first time since the mid-1990s. The shift reflects rising geopolitical tensions and efforts to diversify away from dollar-based assets.
Topics: central banks gold reserves diversification U.S. Treasuries