Gold takes the spotlight! Central banks worldwide make the biggest cut in U.S. dollar holdings in 30 years.

In 2025, a major turning point emerged in the global financial system: for the first time in nearly 30 years since 1996 central banks around the world now hold more gold by value than U.S. government bonds. This shift highlights a growing process of “de-dollarization,” as nations steadily reduce their reliance on the U.S. dollar. The move reflects mounting concerns over U.S. fiscal stability, intensifying geopolitical tensions, and the use of the dollar as a “financial weapon” through international standards.