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 ...

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

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

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%.

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 ...

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