Gold Surpasses US Treasuries as Largest Global Reserve Asset in 2025
Gold has surpassed US Treasuries as the world's largest reserve asset, accounting for nearly 27% of global official reserves by the end of 2025, according to the European Central Bank. This shift reflects a sharp rise in gold prices and sustained central bank purchases amid geopolitical uncertainties. While gold purchases slowed to around 850 tonnes in 2025 from over 1,000 tonnes annually in previous years, countries like China, Poland, India, and Turkey continue to increase their gold holdings to diversify reserves and reduce reliance on US dollar assets.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 0%, Centre 100%, Right 0%). Overall sentiment is neutral (60/100). Lens Score 33/100 — low public interest.
Outlets analysed (first-hand measurement by TBN's Bias Engine):
- businessstandard— balanced framing, neutral sentiment
- firstpost— balanced framing, neutral sentiment
AI Analysis
The articles present a largely economic and financial perspective without explicit political bias. They highlight central banks' strategic reserve diversification amid geopolitical tensions, referencing multiple countries' actions. The coverage includes official data from the European Central Bank and notes geopolitical risks without attributing blame or endorsing any political stance, maintaining a neutral framing of the global financial shift.
The tone across the articles is neutral to cautiously informative, focusing on factual reporting of reserve asset changes and central bank behaviors. While acknowledging geopolitical uncertainties driving the shift, the coverage avoids alarmist or overly optimistic language, presenting the developments as significant but routine adjustments in global financial strategies.