For the first time since the mid-1990s, foreign central banks have held more gold than US treasuries. This milestone shows a significant shift in how global power views safety, liquidity, and trust.
Beyond a market event, the quiet rotation from paper to metal marks a potential turning point in the architecture of global finance.
Gold Overtakes US Treasuries for the First Time in 30 YearsData shared by Barchart confirmed the crossover, with central banks continuing their record-breaking gold buying streak into 2025.
Foreign Central Banks now own more Gold than U.S. Treasuries for the first time in almost 30 years