Oksana Koneva

Jeroen Blokland: Gold may now be the largest central bank reserve asset

Jeroen Blokland: Gold may now be the largest central bank reserve asset
Gold overtakes U.S. Treasuries in reserves

Jeroen Blokland raises the question of gold’s scale in today's financial landscape. In a recent comment, Blokland observes that many charts circulating on social media suggest gold has overtaken U.S. Treasuries as the largest asset held in central bank reserves.

While he acknowledges this shift is noteworthy, Blokland argues that comparing gold to other assets can provide even more valuable insight. He hints that gold’s current position, despite its recent performance gains, presents a perspective worth further examination.

Blokland recently analyzed risks in financial systems, noting that deeper factors can drive instability beyond just liability valuations in pension and banking crises here. He has also observed the Japanese yen giving back around half of its intervention gains, pointing out ongoing fiscal and monetary pressures here. These past observations provide context for his current focus on the comparative scale of gold in global reserves.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.