MarketWatch
US · 26 mins ago
✦ 75◉ Centre
Gold is an awkward asset for central banks to hold. It’s now moved ahead of U.S. debt anyway.
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Quality 75/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
Central banks globally have shifted their reserve asset holdings, with gold now surpassing U.S. debt as the primary reserve asset, marking a significant change in how the world's monetary authorities allocate their holdings.
Gold is an awkward asset for central banks to hold. It’s now moved ahead of U.S. debt anyway.
The debt of the world’s biggest economy is no longer the primary reserve asset for central banks worldwide.
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