Gold Reserves Top US Treasury Holdings for First Time

Global official gold reserves have surpassed foreign official holdings of U.S. Treasury securities for the first time in 2025, according to major financial institutions including the IMF.

The Federal Reserve acknowledges this shift but notes it was driven more by rising gold prices than increased central bank purchases.

Central banks have been steadily increasing their gold reserves, with many expecting to boost holdings further. This trend highlights gold's growing role as a strategic monetary asset alongside traditional dollar reserves.