By end-2025 gold accounted for 27% of global official reserves, surpassing US Treasures by 5 percentage points and becoming the largest single asset class in official reserves. Central banks have been heavy buyers since 2022: net purchases exceeded 1

2026-06-11

By end-2025 gold accounted for 27% of global official reserves, surpassing US Treasures by 5 percentage points and becoming the largest single asset class in official reserves. Central banks have been heavy buyers since 2022: net purchases exceeded 1,000t annually in 2022–24 and totaled 863t in 2025. Despite sustained buying, international gold prices have weakened recently. Market drivers cited include large rallies in 2024–25 that created technical pullback pressure, and Middle East-driven energy price and inflation upside that has pushed markets to price a greater risk of Fed tightening, weighing on bullion and producing a short-term divergence between central bank buying and spot gold moves.

Other News
2026-06-11

Individual Stock News 1. New E-Sun: Planning to issue H shares and list on the Hong Kong Stock Exchange. 2. Yue Yuen Group (00551.HK): Net operating income in May was US$694 million, a decrease of 2.39% year-on-year. 3. Greenland Hong Kong (00337.

2026-06-11

Italian Foreign Minister: The European Central Bank's interest rate hikes are futile.