📰 Newsletter: “Gold Overtakes Euro as Global Reserve Asset, ECB Says”
Summary The European Central Bank (ECB) has revealed that gold has surpassed the euro to become the world’s second-largest official reserve asset—behind only the U.S. dollar. As of 2024, global central bank holdings of gold hit 20% of total reserves, compared to the euro’s 16%, following record-breaking purchases in both volume and value. 🔍 Key…