According to a report issued by the European Central Bank, central banks have “continued to buy gold at a record pace.” ...

Geopolitical risks and worries about status of the greenback likely to drive further demand for bullion, survey shows ...

Gold is now second only to U.S. dollar as global reserve asset for central banks, having overtaken the euro last year. Here's ...

Record-high purchases and a blistering rally in prices has seen gold overtake the euro as the second-largest asset in the ...

Central banks have built up their gold stores in response to geopolitical tensions, inflation and concerns about the shifting ...

Due to a combination of central bank gold buying and the surging price of gold, gold has overtaken the euro as the world’s ...

Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus.

Gold has not only appreciated in nominal terms—it has been reconceptualized as a core asset for monetary sovereignty and ...

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 ...

The euro has lost its position as the second-largest reserve asset globally, with gold taking its place, the European Central ...

Gold has surpassed the euro as the second largest asset held in global reserves, the European Central Bank said, driven by ...