Gold surpasses U.S. Treasury bonds to become the largest asset in global official reserves

Odaily Odaily reports that the European Central Bank's latest report indicates that gold's share of total global official reserve assets has risen to 27%, surpassing U.S. Treasury bonds to become the largest asset in global official reserves. The report points out that the share of U.S. Treasury bonds in global official reserve assets has fallen to 22%, the share of other U.S. dollar-denominated reserve assets stands at 20%, and the share of euro-denominated reserve assets is 15%. The significant increase in the share of gold reserves is primarily attributed to valuation effects. Benefiting from the continuous surge in international gold prices in 2024 and 2025, the value of gold assets has risen, thereby securing a larger share of global official reserves. (Marketwatch)