Gold outshines Treasurys, yen and Swiss franc year-to-date

Gold outshines Treasurys, yen and Swiss franc year-to-date

“Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus. Sven Hoppe | Picture Alliance | Getty Images SINGAPORE — Gold has claimed the safe haven crown. With spot prices surging 30% so far in 2025, bullion’s gains are outpacing that of other traditional safe havens … Read more

Gold is now the world’s second-largest reserve asset

Gold is now the world’s second-largest reserve asset

An employee arranges gold bars at the Italpreziosi SpA precious metals refinery plant in Arezzo, Italy, on Tuesday, May 6, 2025. Bloomberg | Bloomberg | Getty Images Central banks’ growing appetite for gold meant that the precious metal was the second-largest global reserve asset in 2024, according to a European Central Bank report out Wednesday … Read more