Gold just made its biggest comeback in modern economic history. The ancient metal, long dismissed by economists and dumped by ...

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 claim second place amongst global reserve assets held by central banks, propelled by ...

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 ...

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 ...