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ECB Says Gold Has Replaced U.S. Treasuries as World’s Top Reserve Asset
By Kelvin Munene at 2026-06-02 11:31
Sentiment: Positive
TLDR Gold held 27% of total official reserves at the end of 2025, according to the ECB. US Treasuries accounted for 22% of official reserves, below gold’s reported share. The ECB said higher gold prices drove the shift more than new central bank buying. Central banks held about 36,000 tons of gold, valued near $4.5 [...] The post ECB Says Gold Has Replaced U.S. Treasuries as World’s Top Reserve Asset appeared first on CoinCentral. Continue reading...
Categories: Markets
Tags: #Markets #ECB #gold #Top Reserve Asset
Source Coin Central