China Among Top Gold Buyers as Bullion Overtakes US Treasuries in Global Reserves: ECB

China among top gold buyers as bullion overtakes US Treasuries in global reserves: ECB

China is one of the world's largest buyers of gold as central banks shift towards the precious metal, which has overtaken US Treasuries to become the world's top reserve asset amid higher valuations and its appeal as a geopolitical hedge, the European Central Bank said.

ECB reports shift away from US Treasury bonds towards gold

Stocks of gold are now the second highest store of value held by central banks as part of their reserves.

European Central Bank: Gold Surpasses U.S. Treasuries as Global Reserve Asset

Gold has overtaken U.S. Treasuries as the world’s second-largest reserve asset held by central banks, according to a European Central Bank (ECB) report. Bullion accounted for 27% of global central bank reserve assets at the end of 2025, up from 20% a year earlier, the ECB said. In contrast, U.S. Treasuries fell to 22% from […]

Gold Dethrones the King: ECB Confirms Barbarous Relic Has Overtaken Treasuries as Top Global Reserve Asset

(Zero Hedge)—In what can only be described as the latest humiliating blow to the crumbling Pax Americana, gold has officially