Gold overtakes U.S. Treasuries as the world’s largest foreign reserve asset in 2026 — can gold challenge the U.S. dollar’s dominance and hold its ground?

Gold overtakes U.S. Treasuries as the world’s largest foreign reserve asset in 2026: Gold has crossed a historic milestone. In 2026, it overtook U.S. Treasuries to become the world’s largest foreign reserve asset by value. Central banks now hold close to $4 trillion worth of gold, driven by record buying and a sharp price rally above $4,500 an ounce in 2025. According to data tracked by the World Gold Council, official gold reserves reached roughly 36,000 metric tons by early 2026. At current prices...