The US dollar's share of global foreign exchange reserves falls below 60%
PANews, January 24 – According to Golden Ten Data, in 2025, the international gold price saw an annual increase of over 64%, marking the largest annual gain since 1979. At this year's World Economic Forum Annual Meeting, topics such as central banks increasing gold reserves, de-dollarization, and the independence of the Federal Reserve naturally became core issues in several sub-forums. As Bridgewater Associates founder Ray Dalio stated, compared to US Treasury bonds and other dollar assets, gold is becoming a more valued reserve asset for global central banks. The central bank gold-buying boom is reshaping the demand structure of the global gold market. Data from the International Monetary Fund (IMF) shows that the proportion of the US dollar in global foreign exchange reserves has fallen below 60%, hitting its lowest level in decades. A survey by the World Gold Council shows that as many as 95% of central banks expect to continue buying gold in the future. The market interprets this as using a physical asset with "no sovereign credit risk" to hedge against deep-seated concerns over US dollar credit.
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