GOLD OVERTAKES EURO AS TOP DOLLAR RIVAL IN GLOBAL RESERVESCentral banks bought a record 1,000 metric tons of gold last year—twice the decade average—making gold the second-most held reserve asset after the U.S. dollar.Gold now accounts for 20% of total reserves, boosted by both buying and rising prices. Meanwhile, the dollar’s share fell to 46%, partly due to sanctions on Russia that froze $300 billion in assets, raising concerns about dollar dependence.Central banks are also turning to other currencies like the Canadian and Australian dollars. The euro remains stable at around 16% but could gain from growing global unease over U.S. deficits and trade policy.