According to reports, driven by the sharp rise in gold prices over the past year and active purchases by central banks, gold is expected to surpass US treasury bonds and become the largest reserve asset held by US overseas governments. According to data released by the World Gold Council this month, the total amount of official US gold reserves overseas exceeds 900 million troy ounces. Based on the price of gold on November 30, this is equivalent to 3.82 trillion US dollars of gold. In contrast, as of October, the value of long-term and short-term US bonds held by US overseas governments was close to $3.88 trillion. Assuming that the size of gold reserves held by the central bank remains the same until the end of the year, the value of US overseas global official gold reserves is 3.93 trillion US dollars, which has already surpassed the size of US bonds held by overseas officials.

According to reports, driven by the sharp rise in gold prices over the past year and active purchases by central banks, gold is expected to surpass US treasury bonds and become the largest reserve asset held by US overseas governments. According to data released by the World Gold Council this month, the total amount of official US gold reserves overseas exceeds 900 million troy ounces. Based on the price of gold on November 30, this is equivalent to 3.82 trillion US dollars of gold. In contrast, as of October, the value of long-term and short-term US bonds held by US overseas governments was close to $3.88 trillion. Assuming that the size of gold reserves held by the central bank remains the same until the end of the year, the value of US overseas global official gold reserves is 3.93 trillion US dollars, which has already surpassed the size of US bonds held by overseas officials.