{"content":"In a landmark shift for global finance, gold has officially overtaken the euro to become the world's second-largest reserve asset. This development, highlighted by reports from CNBC and the European Central Bank, shows gold now accounting for approximately 20% of global official reserves, while the euro has fallen to 16%. The surge is fueled by record-level purchases from central banks across the globe. These institutions are increasingly turning to the precious metal as a reliable hedge against persistent inflation, the risk of economic sanctions, and widespread currency volatility. This strategic pivot away from the euro and towards gold underscores a growing preference for neutral, tangible assets in an era of significant geopolitical and economic uncertainty. The move signals a potential long-term change in how nations secure their wealth, prioritizing the stability of gold over traditional fiat currencies. #Gold #WhaleAlert #CentralBank #MarketPullback #Ripple1BXRPReserve ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/18/207ad1675daa41c0837aa0b41c02ad2d.png","https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/18/8e14b979a35f433db4e38745e9535b9a.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}