Home News Going for the Gold: Safe Haven is Gold, Not U.S. Dollar

Going for the Gold: Safe Haven is Gold, Not U.S. Dollar

June 17, 2025

It appears that gold has taken the place of the US dollar as the world’s safe haven.

Going For The Gold

June 16 (King World News) – Peter Boockvar: Last week the ECB in a paper said that gold is now the #2 global reserve asset on the books of central banks, helped by both purchases and price appreciation, surpassing the euro and behind the US dollar. The Weekend FT had good charts on this.

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