[Gold Becomes the World's Second Largest Reserve Asset, Central Bank Reserves Surpass U.S. Treasuries] Reuters analyst Jamie McGeever recently wrote that the rise in gold's share within central bank reserves appears unstoppable. He pointed out that concerns over inflation, the deterioration of U.S. fiscal health, debates surrounding the Federal Reserve's independence, and geopolitical turmoil are prompting the market to question the stability of the 'traditionally safest global asset'—long-term U.S. Treasuries. In response, multiple central banks are shifting back to gold, which has now surpassed the euro to become the world's second-largest reserve asset after the U.S. dollar. Additionally, gold's share in central bank reserves has, for the first time since 1996, exceeded that of U.S. Treasuries.