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The precious metal made up around 20% of global official reserves at the end of 2024, overtaking the euro’s 16%, the central ...
The euro has lost its position as the second-largest reserve asset globally, with gold taking its place, the European Central ...
GOLD has overtaken the euro to claim second place amongst global reserve assets held by central banks, propelled by ...
Gold is now the second-most held reserve asset on Earth, right behind the U.S. dollar, and has officially overtaken the euro, ...
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 has overtaken the euro to become the world’s second most-held reserve asset—behind only the U.S. dollar—according to a new report from the European Central Bank (ECB). The shift reflects record ...