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flag Gold surpasses euro as second-largest global reserve asset, accounting for 20% of reserves in 2024.

flag Gold has become the second-largest global reserve asset, overtaking the euro, accounting for 20% of global reserves in 2024, while the euro holds 16%. flag The US dollar remains dominant at 46%. flag Central banks have been increasing gold holdings by over 1,000 metric tons annually, driven by high gold prices and geopolitical uncertainty. flag Gold prices have risen significantly in recent years, reaching an all-time high of $3,500 per ounce, as central banks and investors seek safer assets.

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