Gold Reserves Concentration Challenges US Dollar Dominance in 2025
Five nations now control over half of the world’s official Gold reserves, a shift that is actively reshaping global finance. The United States leads with 8,133.5 metric tons, followed by Germany (3,351.5 tons), Italy (2,451.8 tons), France (2,437.0 tons), and Russia (2,335.9 tons). Together, these countries hold approximately 18,706.2 metric tons of the estimated 35,938.6-ton global total.
Central banks purchased more than 1,000 metric tons in 2024 alone, accelerating the trend away from dollar dependence. This unprecedented accumulation of gold reserves signals a structural realignment in international trade dynamics—one that could erode the dollar’s hegemony as early as 2025.