GOLD has overtaken the euro to claim second place amongst global reserve assets held by central banks, propelled by ...

A European Central Bank report stated that gold reserves held by central banks in 2024 are close to levels last seen in the ...

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

The precious metal made up around 20% of global official reserves at the end of 2024, overtaking the euro’s 16%, the central ...

Gold is now the second-most held reserve asset on Earth, right behind the U.S. dollar, and has officially overtaken the euro, ...

The fallout from the European Central Bank’s crucial meeting on Thursday will have a very different effect on two key commodities: oil and gold. Mario Draghi, president of the European Central ...

Gold and gold receivables held by euro zone central banks dropped 1 million euros to 286.7 billion euros in the week ending May 7, the European Central Bank said on Tuesday. Net foreign exchange ...

When the euro was launched, the European Central Bank held approximately 15% of its assets in gold. That ratio has remained reasonably stable, giving rise to a variety of chatter, including ...

The next leg of the gold rally may not be far away, however. If Mario Draghi, president of the European Central Bank, follows through on a hint last week that the ECB may step up bond buying ...

Gold and gold receivables held by euro zone central banks were unchanged at 433.778 billion euros in the week ending Aug. 10, the European Central Bank said on Tuesday. Net foreign exchange ...