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Gold is an awkward asset for central banks to hold. It’s now moved ahead of U.S. debt anyway.

MarketWatch · Jun 2, 2026, 9:56 AM · Also reported by 1 other source

The debt of the world’s biggest economy is no longer the primary reserve asset for central banks worldwide.

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Financial Times Gold replaces US Treasuries as world’s top reserve asset, ECB says

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Gold is an awkward asset for central banks to hold. It’s now moved ahead of U.S. debt anyway.

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