News

GOLD has overtaken the euro to claim second place amongst global reserve assets held by central banks, propelled by ...
In this week’s Live from the Vault, Andrew Maguire takes calls from ... Attention now turns to ECB-speak and US PPI inflation data. GBP/USD returns to the red near 1.3550 after downbeat UK ...
In this week’s Live from the Vault, Andrew Maguire reveals how BRICS nations, led by China, are accelerating the Basel III shift to physical gold, as the US faces rising pressure to audit Treasury ...
The euro lost its position as 2nd-largest reserve asset, replaced by gold. Central banks' purchases drove gold price surge & ...
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, ...
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 ...
The European Central Bank (ECB) has said that gold surpassed the euro as the second largest global reserve asset at market ...
At the end of Q1, the ECB wrote up its gold holdings by another €130 billion to €1.00 trillion. The ECB has now shed €2.17 trillion of its loans, with just €24 billion left on its balance ...
Gold markets could be a source of danger to the euro zone’s financial stability in the event of geopolitical stress, the European Central Bank said. Demand for physical settlement, the dominance ...