Gold has become the go-to diversification asset for official reserve holders, with about 20% of official reserves now held in gold; scaling everything down, dollars are now less than half of reserves with about 16-17% in euros.

factualpending

Speaker

Moritz Schularick

Evidence Quote

gold has been the uh sort of go-to place for at least for official holders of of uh of reserves um moving diversifying out the dollar

Source

The changing dollar regime: An updatePeterson Institute for International Economics
Created: 6/18/2026, 1:57:48 PM

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