The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...

The euro is the "only real alternative currency for the moment to make a significant change in the level of reserves," said ...

Welsh Para-canoeist Laura Sugar has added the KL3 European title to her Olympic and World Championship crowns. The ...

Asian and US stocks showed mixed moves recently, while oil and gold edged up slightly due to the weakening dollar. At the ...

UBS Asset Management’s Castelli said he was receiving many more questions about the euro, estimating the euro could recover to a 25% share of reserves by the end of the 2020s.

In currencies, the euro and yuan stand to benefit the most from a diversification away from the dollar. A net 16% of central banks surveyed by OMFIF said they plan to increase euro holdings over ...

Due to a combination of central bank gold buying and the surging price of gold, gold has overtaken the euro as the world’s ...

The precious metal made up around 20% of global official reserves at the end of 2024, overtaking the euro’s 16%, the central ...

Though the US dollar continues to hold the lion’s share of global reserves at 46 per cent, gold’s share has risen to 20 per cent, surpassing the euro, which now accounts for 16 per cent of reserves.