Gold Overtakes, But Yet To Dethrone, US Treasuries In Global Reserves

Gold has overtaken US Treasuries as the largest single asset in global official reserves, turning a long-running central-bank hedge into a visible challenge to the market’s safest benchmark debt. The shift is striking but not clean-cut. The European Central Bank said gold represented 27% of total global official reserves at the end of 2025, ahead […] The post Gold Overtakes, But Yet To Dethrone, US Treasuries In Global Reserves appeared first on the deep dive.