Gold Overtakes US Treasuries in Central Bank Reserves for the First Time Since 1996

For the first time in nearly three decades, the world’s central banks collectively hold more gold than US government debt — a milestone reflecting a deliberate, accelerating shift away from dollar-denominated assets. Gold now accounts for 24% of global central bank reserves against 21% for US Treasuries, according to Bloomberg data, with total gold holdings […] The post Gold Overtakes US Treasuries in Central Bank Reserves for the First Time Since 1996 appeared first on the deep dive.