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Global central banks have shifted their reserve strategies, now holding more gold than US Treasuries, according to BofA Global Research. This marks a significant change in asset preference, reflecting a growing demand for hard assets amid global economic uncertainty. Traditionally, US Treasuries were the preferred safe-haven asset due to their liquidity and stability, but the balance is now tilting towards gold.The increase in gold reserves by central banks highlights concerns over inflation, interest rates, and long-term currency stability. Gold's independence from any single country's credit system makes it an attractive option during economic tensions. This trend indicates a move towards diversification, with central banks seeking to protect reserves from market shocks by reducing reliance on dollar-based assets.This shift has implications beyond the gold market, affecting global finance and the crypto sector. It signals a preparation for a less predictable financial environment, with institutions seeking alternatives to traditional reserve models. The move underscores the importance of diversification and resilience in uncertain times.

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