The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...

The euro is the "only real alternative currency for the moment to make a significant change in the level of reserves," said ...

Welsh Para-canoeist Laura Sugar has added the KL3 European title to her Olympic and World Championship crowns. The ...

You see, the dollar’s share in forex reserves is shrinking. Yet it is 46% of the total reserves. Gold reserves, on the other hand, just hit the 20% mark, leaving the Euro behind at 16%.

In a note to clients last week, UBS says the dollar is now “unattractive,” with further declines expected as the U.S. economy ...

Global central banks, overseeing approximately $5 trillion in reserves, are reportedly planning to diversify away from the US ...

Now that central banks have stopped being the essential limit to government excess, there are only two alternatives: gold and ...

Central banks snapped up gold at a record pace last year, putting the safe-haven metal ahead of the euro as the second-most popular reserve asset. A report issued Wednesday by the European Central ...

The dollar continued to lose market share as the world's dominant currency last year but mostly smaller rivals and gold ...

Gold has overtaken the euro as the world’s second most important reserve asset for central banks, driven by record purchases and soaring prices, according to the European Central Bank.