Gold overtakes U.S. Treasuries as the largest foreign reserve asset (economictimes.indiatimes.com)

• Gold displaces US Treasuries as the top global reserve holding.
• Central banks prioritize tangible assets over sovereign debt.
• Increased focus on financial resilience and de-dollarization.

"Gold has overtaken US Treasuries as the leading asset in global foreign exchange reserves, marking a pivotal shift in the international monetary system. Central banks are aggressively diversifying away from US dollar-denominated debt, reflecting deep concerns over fiscal sustainability and the potential weaponization of the dollar. This transition represents a structural move toward a multipolar financial world where physical assets are prioritized over sovereign debt instruments. The decline in the relative attractiveness of Treasuries forces European policymakers to rethink financial resilience strategies, focusing on tangible asset accumulation and the reduction of dependency on the US monetary policy cycle."