The Economic Times

Gold surpasses US dollar as top global reserve asset: Why are central banks dumping dollars and betting big on gold?

Gold overtakes US dollar as reserve asset: Gold is now the world's top reserve asset, surpassing the US dollar. Central banks are increasingly buying gold for stability amid global uncertainty. Emerging economies, including China and India, are leading this trend as they reduce reliance on the US dollar. This shift highlights gold's growing importance as a strategic global financial asset.