Central banks have crossed a symbolic line: their combined gold reserves now exceed their U.S. Treasury holdings for the first time in nearly three decades.

The crossover underscores a gradual diversification away from dollar-denominated securities and toward hard assets.

This visualization tracks how these shares have evolved from the 1970s to today. The data comes from Crescat Capital macro strategist Tavi Costa.

econ

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> Central banks have crossed a symbolic line: their combined gold reserves now exceed their U.S. Treasury holdings for the first time in nearly three decades.
>
> The crossover underscores a gradual diversification away from dollar-denominated securities and toward hard assets.
>
> This visualization tracks how these shares have evolved from the 1970s to today. The data comes from Crescat Capital macro strategist Tavi Costa.
>
> ![](https://m.stacker.news/111353)
>
> **[🔗 visualcapitalist.com](https://www.visualcapitalist.com/central-banks-now-hold-more-gold-than-u-s-treasuries/)**

~econ