Gold Becomes Largest Component of Central Bank Reserves, Overtaking U.S. Treasurys
Gold comprised 27% of foreign reserves held by central banks worldwide at the end of 2025, surpassing U.S. Treasurys, as rising bullion prices lifted its share even as many institutions scaled back new purchases. World Gold Council data for Q1 2026 shows demand edged higher, driven by bars and coins and continued central bank accumulation, while je…