Gold Surpasses US Treasuries in Central Bank Reserves

The share of gold in central banks’ reserve portfolios has eclipsed that of U.S. Treasury bonds, setting a new record. Current data show gold’s proportion in reserves rising to 5.3%, while U.S. Treasury bonds fell to 4.8%. This shift coincides with heightened geopolitical uncertainty and inflation concerns over recent months. Gold has historically been favored as a safe‑haven asset, and central banks have strengthened risk‑aversion strategies while diversifying their portfolios. The decline in the U.S. Treasury share reflects perceived risk arising from interest‑rate volatility and dollar fluctuations. This may influence liquidity and pricing dynamics in bond markets. For investors, the development suggests that factors supporting gold’s value will likely persist, though market conditions can change rapidly. This is not investment advice.

📊 GOOGL — Piyasa Yorumu

■ neutral · 40%

The short-term performance of GOOGL shares does not appear to be directly related to the given news headline. Looking at technical indicators, the RSI14 value is quite low at 16.88, signaling oversold conditions. However, the MACD and MACD signal lines are both in negative territory and diverging from each other. This could increase the likelihood of a short-term recovery. Nevertheless, the direct impact of the news headline appears limited, so there is insufficient confidence to determine a clear direction.

RSI 14

16.9

MACD

-5.86

24h Δ

-7.35%

📊 GOLD — Piyasa Yorumu

▲ up · 60%

The news indicates rising demand for gold, with central banks favoring the precious metal over US Treasuries in their reserves. This could provide a positive fundamental backdrop for gold prices. However, technical indicators remain weak: the RSI is near oversold territory at 36, the MACD is below its signal line, and the price is trading below both the 20-day and 50-day moving averages. A 6.5% decline over the past 24 hours suggests selling pressure may continue in the near term. While the positive news could offset technical weakness, sustained upside would require a close above the $40 level.

RSI 14

36.5

MACD

-0.61

24h Δ

-6.47%

📊 GLD — Piyasa Yorumu

▲ up · 65%

The news highlights the increasing strategic importance of gold for central banks, which signals positive underlying demand for GLD. However, technical indicators are mixed: the RSI is neutral at 46, while the MACD is below its signal line and negative, indicating weak short-term momentum. The price remains above the 20- and 50-day moving averages, suggesting the medium-term trend is still upward. Despite a slight decline in the last 24 hours, the positive sentiment from the news and technical support levels offer limited upside potential in the short term. Nevertheless, the weakness in the MACD and the neutral RSI may constrain the strength of any rally.

RSI 14

46.3

MACD

-0.42

24h Δ

-0.11%

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