plate 003 · Economy · end-2025 data

Central banks now hold more gold than Treasuries or euros

Share of global official reserves at end-2025 (bar) and end-2024 (marker).

27%

Gold made up 27% of the world's official reserves at end-2025, up from 20% a year earlier. Treasuries fell from 25% to 22%.

1,000+ tonnes

Central banks bought over 1,000 t of gold a year in 2022, 2023 and 2024, twice the 2010–21 average.

From sellers to buyers

In the 2000s central banks sold 4,426 t of gold. They have been net buyers every year since 2010.

the numbers
Central banks now hold more gold than Treasuries or euros. Source: ECB, The international role of the euro (June 2026); World Gold Council, Gold Demand Trends, end-2025.
end-2025 (%)end-2024 (%)
Gold2720
US Treasuries2225
Euro1515
source notes & method

Reserve shares at market prices as reported by Reuters from the ECB report; the ECB report itself could not be accessed directly. Corrected 3 Nov 2026: title shortened to 10 words or fewer; no change to the data.

Published 16 Sep 2026

license this plate
embed free

Put this plate on your site, free. The credit and link stay on it.

or commission your own →