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Gold is now second only to U.S. dollar as global reserve asset for central banks, having overtaken the euro last year. Here's ...
Central banks have built up their gold stores in response to geopolitical tensions, inflation and concerns about the shifting ...
Record-high purchases and a blistering rally in prices has seen gold overtake the euro as the second-largest asset in the ...
Due to a combination of central bank gold buying and the surging price of gold, gold has overtaken the euro as the world’s ...
The precious metal made up around 20% of global official reserves at the end of 2024, overtaking the euro’s 16%, the central ...
Central banks snapped up gold at a record pace last year, putting the safe-haven metal ahead of the euro as the second-most ...
Gold has not only appreciated in nominal terms—it has been reconceptualized as a core asset for monetary sovereignty and ...
Gold prices were rising on Wednesday as investors snapped up the safe-haven asset amid uncertainty about the looming ...
Gold prices decline amid lower demand for safe-haven assets. Ebbing concerns about escalating tensions in the Middle East ...
The euro has lost its position as the second-largest reserve asset globally, with gold taking its place, the European Central ...
Gold is now the second-most held reserve asset on Earth, right behind the U.S. dollar, and has officially overtaken the euro, ...
Gold has surpassed the euro as the second largest asset held in global reserves, the European Central Bank said, driven by ...