In a historic shift for the global financial system, gold ha
Sheryl Heenan 哒
Updated at: 12 hours ago
{"content":"In a historic shift for the global financial system, gold has officially surpassed the euro to become the world's second-largest reserve asset. According to reports from CNBC and the European Central Bank, the precious metal now constitutes around 20% of global official reserves, pulling ahead of the euro, which has fallen to 16%.
This significant development is being driven by central banks, which continue to acquire gold at record-breaking levels. Nations are increasingly using the metal as a crucial hedge against soaring inflation, the threat of international sanctions, and persistent currency volatility.
The move highlights a growing global preference for neutral, tangible assets over traditional fiat currencies amidst a landscape of increasing geopolitical tension and economic uncertainty. This trend signals a fundamental change in how countries are choosing to safeguard their wealth, prioritizing the timeless stability of gold.
#Gold #Ripple1BXRPReserve #BinanceHODLerENSO #BinanceHODLerZBT #Finance ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/19/fdc8cf574ca144e8a71ed4a17bb35113.jpg","https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/19/4d664a4475a34aa5b3d9865898775a0f.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}