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The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...
The euro is the "only real alternative currency for the moment to make a significant change in the level of reserves," said ...
Welsh Para-canoeist Laura Sugar has added the KL3 European title to her Olympic and World Championship crowns. The ...
The precious metal made up around 20% of global official reserves at the end of 2024, overtaking the euro’s 16%, the central ...
Though the US dollar continues to hold the lion’s share of global reserves at 46 per cent, gold’s share has risen to 20 per cent, surpassing the euro, which now accounts for 16 per cent of reserves.
A World Gold Council survey shows nearly half of central banks plan to boost gold reserves amid geopolitical risks. Gold may ...
You see, the dollar’s share in forex reserves is shrinking. Yet it is 46% of the total reserves. Gold reserves, on the other hand, just hit the 20% mark, leaving the Euro behind at 16%.
In a note to clients last week, UBS says the dollar is now “unattractive,” with further declines expected as the U.S. economy ...
Now that central banks have stopped being the essential limit to government excess, there are only two alternatives: gold and ...