The Quiet Flip: World Just Chose Gold Over US Treasuries

PSX Update • Aug 19, 2026

August 19, 2026 (MLN):  In June 2026, the European Central Bank published its annual review of the international role of the euro. Buried inside it was a single data line that quietly rewrites the modern monetary order: by the end of 2025, gold had overt...

August 19, 2026 (MLN):  In June 2026, the European Central Bank published its annual review of the international role of the euro. Buried inside it was a single data line that quietly rewrites the modern monetary order: by the end of 2025, gold had overtaken US Treasury bonds as the world's single largest reserve asset. A handful of financial trade outlets covered it for a few days- Mining.com, Yahoo Finance, P...