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

Financial Times · Jun 2, 2026, 8:00 AM · Also reported by 1 other source

Historic bullion rally boosts metal’s share of reserves to 27% while central banks diversify away from dollar

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

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

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