Gold Overtakes US Treasuries as Top Global Reserve Asset: ECB

The European Central Bank released a report on June 2 showing that gold accounted for 27% of total global official reserve assets as of the end of 2025, while US Treasuries' share fell to 22% over the same period, making gold the largest global official reserve asset. The report marks a shift in the composition of central bank holdings worldwide.

ECB Reports Gold and US Treasury Reserve Shares as of End-2025

According to the ECB report, gold's share in global official reserve assets reached 27% as of the end of 2025. In the same period, the share held in US Treasuries declined to 22%. This data indicates that gold has become the single largest category of official reserve assets held by central banks and monetary authorities globally.

FAQ

What did the European Central Bank report on June 2?
The ECB released a report showing that as of the end of 2025, gold accounted for 27% of global official reserve assets, surpassing US Treasuries at 22%.

Why is gold now the largest global official reserve asset?
Gold's 27% share as of the end of 2025 exceeded the 22% share held in US Treasuries, making it the top reserve asset category held by central banks worldwide.