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The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...
Recent surveys indicate that the dominance of the U.S. dollar is weakening, while gold, the euro, and the Chinese yuan are ...
In a note to clients last week, UBS says the dollar is now “unattractive,” with further declines expected as the U.S. economy ...
The dollar index (DXY00) today is down by -0.41% at a 1-week low. The dollar retreated after President Trump announced a ...
Geopolitics is at a boiling point, with the Israel-Iran conflict showing no signs of ending. A direct entry by the US into ...
Bullion made up about 20% of the global official reserves at the end of 2024, surpassing the euro's 16%, the ECB says in its ...
Central banks have built up their gold stores in response to geopolitical tensions, inflation and concerns about the shifting ...
Due to a combination of central bank gold buying and the surging price of gold, gold has overtaken the euro as the world’s number two reserve asset. But it’s not so much that gold is replacing ...
Gold has overtaken the euro as the world’s second-largest reserve asset after the US dollar, driven by geopolitical risks and ...
The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...