From Yahoo Finance: 2025-06-15 05:13:00

Gold has risen to second place in global reserve holdings, ahead of the euro, according to the European Central Bank. Prices surged by 30% in 2024 and another 30% in 2025, hitting $3,500 per ounce. Gold’s value is now driven by factors beyond interest rates and inflation, such as geopolitical risk and reserve diversification. Central banks bought over 1,000 tonnes in 2024, pushing global holdings to 36,000 tonnes. Emerging markets like China, Turkey, and India are leading this trend, citing diversification and protection from sanctions as key reasons. Gold is now seen as a geopolitical hedge and monetary anchor, not just a financial asset.



Read more at Yahoo Finance: Gold Now Second Only to USD in Global Reserves