Gold Overtakes U.S. Debt as Global Central Banks' Largest Single Reserve Asset, Nearing Historic $5,000/oz Threshold
BlockBeats News, January 25th, according to Bitget market data, spot gold rose another 1.01% intraday, now trading at $4986.13 per ounce, approaching the historical milestone of $5000 per ounce. Gold has now surpassed U.S. Treasuries to become the largest single reserve asset held by global central banks, marking the first historic reversal since 1996.
According to the latest World Gold Council data, the total value of gold reserves held by non-U.S. central banks has approached or exceeded $4 trillion, slightly higher than the approximately $3.9 trillion U.S. Treasury holdings by central banks worldwide. The price of gold skyrocketed by nearly 65% in 2025, refreshing historical records over 50 times throughout the year. The price of gold on January 1, 2025, was $2624.27 per ounce, closing the year at $4318.53 per ounce. Since the beginning of 2026, in just 25 trading days, the price has surged by about 15%.
Emerging market central banks are the most active buyers of gold, using it to hedge against geopolitical risks, U.S. dollar credit concerns, sanction risks, and the trend of de-dollarization. Gold is seen as a "neutral" asset with no counterparty risk, with its share in global reserves rising to around 18%. Global reserve management is undergoing structural changes, as central banks shift from relying on U.S. assets to diversifying into hard assets.
Ray Dalio, the founder of Bridgewater Associates, stated this week at the World Economic Forum in Davos that the global monetary order is collapsing, with the U.S. and its allies losing trust in each other, and he recommended buying gold. In the past, people used fiat currency and bonds as a "piggy bank," but central banks around the world are starting to think that this piggy bank might contain a "bomb," as the world is on the brink of a capital war.
You may also like

Risk Asset Rollercoaster, the World Is on Edge Over the US vs. Iran

HYPE Price Target Achieves $50 as Hyperliquid Reduces Team Token Unlock by 90% — Assessing The Rally’s Longevity
Key Takeaways Hyperliquid significantly cut its monthly token unlocks by 90%, sparking renewed interest in its HYPE token’s…

Hong Kong-Based OSL Group Launches $200M Equity Raise for Stablecoin and Payments Expansion
Key Takeaways OSL Group, a prominent digital asset platform in Asia, has initiated a significant $200 million equity…

Gold Price Prediction: Current Trends and Future Outlook for January 28, 2026
Key Takeaways Gold and silver prices play a significant role in the global economy, reflecting both market trends…

GameStop 2.0? Why Robinhood’s CEO Advocates Tokenization for Trading Halts
Key Takeaways Tokenized stocks are seen as a solution to counteract the disruptions seen in traditional equity markets…

Central Bank of the UAE Endorses First USD-Backed Stablecoin
Key Takeaways The UAE Central Bank has endorsed the first US dollar-backed stablecoin, USDU, to streamline compliant settlements…

Can the Gold Price Rise to $6,000?
Key Takeaways Gold prices in 2026 have experienced dramatic surges, reaching unprecedented levels in just the first month…

Solana Loses Major Portion of Validators as Smaller Nodes Exit: Concerns Over Centralization
Key Takeaways: Solana has experienced a significant drop in active validators from a high of 2,560 in March…

Gold Price Prediction as Tom Lee Says Metals Rally Could Hit Crypto
Key Takeaways: Gold recently reached an all-time high of $5,598, reflecting a strong investor shift towards safe-haven assets…

Bitcoin’s Historical Bottom Indicator Points to $62K – Could BTC Fall That Low?
Key Takeaways Bitcoin is nearing a critical support level of \$62,000, with key indicators suggesting potential further declines.…

Talos Raises $45M Series B Extension Backed by Robinhood, Bringing Total Funding to $150M
Key Takeaways: Talos, a leading provider of institutional digital asset trading technology, has raised $45 million in a…

What is the Next Milestone for Gold Prices and Will It Reach $6,000 by Year End?
Key Takeaways: Gold prices recently crossed the $5,000 per ounce mark, spurring predictions of further increases amidst global…

Bitcoin Price Prediction: Binance Inflows Just Hit a 4-Year Low – Violent Move Above $100K is Next
Key Takeaways: Bitcoin inflows into Binance have dropped to their lowest in four years, potentially signaling a tight…

Gold to $10,000 and Silver to $150: My Wild, Or Perhaps Not-So-Wild 2026 Price Predictions
Key Takeaways Geopolitical uncertainties are significantly driving up the demand for gold and silver, suggesting the prices may…

Hong Kong Enhances Gold Market Access Through Hang Seng Gold ETF and Tokenized Units
Key Takeaways: The Hang Seng Gold ETF offers Hong Kong investors direct access to gold by launching a…

XRP “Millionaire” Wallets Rise Despite Modest Price Dip: Santiment
Key Takeaways: The count of XRP wallets holding over 1 million tokens is increasing, despite a slight dip…

Russia Caps Crypto Investments at $4,000 Annually for Non-Qualified Investors – Will Others Follow Suit?
Key Takeaways Russia’s proposal sets a $4,000 annual investment limit for non-qualified crypto investors, sparking discussions on regulatory…

Japan’s Metaplanet Announces $137 Million Capital Raise Via Third-Party Allotment
Key Takeaways Japanese firm Metaplanet Inc. has strategized a $137 million capital raising through the third-party allotment of…
Risk Asset Rollercoaster, the World Is on Edge Over the US vs. Iran
HYPE Price Target Achieves $50 as Hyperliquid Reduces Team Token Unlock by 90% — Assessing The Rally’s Longevity
Key Takeaways Hyperliquid significantly cut its monthly token unlocks by 90%, sparking renewed interest in its HYPE token’s…
Hong Kong-Based OSL Group Launches $200M Equity Raise for Stablecoin and Payments Expansion
Key Takeaways OSL Group, a prominent digital asset platform in Asia, has initiated a significant $200 million equity…
Gold Price Prediction: Current Trends and Future Outlook for January 28, 2026
Key Takeaways Gold and silver prices play a significant role in the global economy, reflecting both market trends…
GameStop 2.0? Why Robinhood’s CEO Advocates Tokenization for Trading Halts
Key Takeaways Tokenized stocks are seen as a solution to counteract the disruptions seen in traditional equity markets…
Central Bank of the UAE Endorses First USD-Backed Stablecoin
Key Takeaways The UAE Central Bank has endorsed the first US dollar-backed stablecoin, USDU, to streamline compliant settlements…