Finbold: Gold on Fire as Investors Ditch Fiat Currencies
Article by Finbold
With gold showing strength, data indicates that investors are increasingly ditching fiat currencies in favor of the precious metal as their preferred reserve asset.
Specifically, the share of global gold reserves has climbed to 23% in the second quarter of 2025, marking the highest level in 30 years, according to data shared by financial market commentary platform The Kobeissi Letter on June 9.
Gold’s share has doubled over the past six years, signaling a significant shift in the metal’s role relative to fiat currencies.
Meanwhile, the U.S. dollar’s dominance in international reserves has dropped by 10 percentage points to 44%, its lowest level since 1993. This decline reflects mounting skepticism toward traditional fiat currencies.
Similarly, the .....