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News

Gold Passes Euro as Second Reserve Asset

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 · 16h · on MSN
Gold Surpasses Euro To Become Second-Largest Reserve Asset, Still Far Behind Dollar, ECB Says
The euro has lost its position as the second-largest reserve asset globally, with gold taking its place, the European Central Bank (ECB) stated in its 2025 annual review. The top European financial institution took notice of a surge in central bank purchases and record-breaking prices of the yellow metal.

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 · 1d · on MSN
Gold Surpasses Euro as Second-Largest Global Reserve Asset, ECB Says
Miningmx · 1d
Central banks elevate gold above euro reserves
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Gold At ECB: Accident Or Strategy?
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 ...
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ECB holds key to next gold rally
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 ...

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