Explained: Why gold beat Euro to become the world's second-largest reserve asset
- Posted on June 12, 2025
- By Business News Today
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Explained: Why gold beat Euro to become the world's second-largest reserve asset
Gold has overtaken the euro as the second-largest global reserve asset, driven by record central bank buying amid geopolitical tensions. Despite recent price volatility, its role as a hedge against uncertainty and sanctions keeps demand elevated.
