Central banks now hold more gold than US Treasuries for the first time in 30 years | AI News Digest
For the first time in 30 years, global central banks now hold more gold than US Treasuries, marking a significant shift in foreign exchange reserves. As of May 2025, central banks possess 36,344 tonnes of gold, surpassing the 20% share of gold compared to the euro's 16%. This trend follows a surge in gold purchases, with central banks acquiring over 1,000 tonnes annually in recent years. However, purchases have shown signs of slowing in early 2025, with a projected 8% decrease by year-end. Despite this, 43% of central bankers still plan to increase their gold reserves, driven by concerns over the US dollar's declining status as the global reserve currency.
