Financial Times

Gold replaces US Treasuries as world’s top reserve asset, ECB says

Gold replaces US Treasuries as world’s top reserve asset, ECB says

Title: ECB Reports Gold Overtakes US Treasuries as Primary Global Reserve Asset

The European Central Bank has announced that gold has surpassed US Treasuries to become the world’s leading reserve asset, a shift driven by central banks increasingly diversifying their holdings away from the US dollar. This historic surge in bullion prices has elevated the metal’s proportion of global reserves to 27%.


Source: Financial Times Generated at: 2026-06-02 08:00:03 UTC

Related Articles

Israel’s Netanyahu faces backlash after Trump call
Financial Times

Israel’s Netanyahu faces backlash after Trump call

Netanyahu faces backlash for yielding to Trump’s pressure, failing to strike Hezbollah as previously threatened. Critics...

Why Stocks Beat Houses For Your Retirement Fund
Bloomberg

Why Stocks Beat Houses For Your Retirement Fund

Brighton’s 4.8% property drop in 2025 highlights real estate risks, reinforcing why stocks generally outperform housing ...

Billionaire Behind Japan's Tiny-Room Hotel Empire Bets on US
Bloomberg

Billionaire Behind Japan's Tiny-Room Hotel Empire Bets on US

APA Group CEO Isshi Motoya is expanding Japan’s compact hotel empire into the US market. The billionaire tycoon aims to ...

Australians Say They Now Need A$1 Million to Retire, Study Shows
Bloomberg

Australians Say They Now Need A$1 Million to Retire, Study Shows

A study reveals Australians now believe they need A$1 million to retire comfortably. This figure reflects rising living ...