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    HomeNewsOpinionChart of the Day: Why gold is fast becoming the asset of choice for central bankers

    Chart of the Day: Why gold is fast becoming the asset of choice for central bankers

    Gold has officially dethroned the Euro as the world's second-largest reserve asset, reaching 20 percent of global foreign reserves compared to the Euro's 16 percent, according to the European Central Bank's latest assessment. This historic shift, driven by unprecedented central bank, signals a fundamental restructuring of the global monetary system amid rising geopolitical tensions.

    Moneycontrol Opinion
    June 16, 2025 / 13:33 IST
    Chart of the Day: Why gold is fast becoming the asset of choice for central bankers

    Just when analysts expected some cooling off, the yellow metal surprised everyone by heading toward its all-time highs.

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