Gold has become the world's largest global reserve asset for the first time in nearly 30 years, surpassing the US dollar. By the beginning of 2026, central banks around the world held approximately $4 trillion worth of gold, which is slightly more than the nearly $3.9 trillion worth of US Treasury securities.
During the year 2025, a significant increase in gold prices was observed. In January 2026, the price of gold per ounce exceeded $4,500 and later rose above $5,300. Several countries, including China, India, and Poland, increased their gold reserves to diversify their assets and reduce dependence on the dollar.

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