BULLA BREAKING: Gold just crossed a major milestone.
For the first time in 20+ years, gold has overtaken U.S. Treasuries in central bank FX reserves.
At current prices,
global official gold holdings are near $5.0T,
now above foreign-held Treasuries at ~$3.9T.
Since late 2019,
central bank gold holdings have tripled, fueled by steady buying and higher prices.
Roughly 4,500 tonnes have been added, including purchases that never made the headlines.
Meanwhile,
foreign Treasury holdings have barely moved.
Gold isn’t just rising —
it’s reshaping how central banks think about reserves and monetary security.