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

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, ...

USD and US govt bonds lose their safe haven appeal "The ECB has also recently addressed the question of what the record-breaking Gold market is saying about risk perception on the financial markets.

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 ...

The European Central Bank (ECB) has said that gold surpassed the euro as the second largest global reserve asset at market ...

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 ...

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 ...