Gold May Surpass U.S. Treasury Bonds as Largest Reserve Asset

According to Odaily, gold is poised to overtake U. S. Treasury bonds as the largest reserve asset held by foreign governments, driven by a surge in gold prices over the past year and active purchases by central banks. Data from the World Gold Council released this month indicates that the total official gold reserves held by foreign governments exceed 900 million troy ounces, with most countries' data recorded up to the end of November, and some up to the end of October source: https://www.binance.com/en/square/post/34753339103513?utm_source=BinanceNewsRSS