黄金登顶非美官方储备 美债“第一”地位受挑战
Jin Tou Wang·2026-01-07 09:31

Core Viewpoint - Gold is expected to surpass U.S. Treasury bonds as the largest asset class in global official reserves outside the U.S., driven by significant price increases over the past year and continued active purchases by central banks [1] Group 1: Gold Reserves - As of the end of November, global official gold reserves outside the U.S. exceeded 900 million troy ounces, valued at approximately $3.82 trillion based on gold prices on November 30 [1] - In comparison, the total value of U.S. Treasury bonds held by foreign officials was nearly $3.88 trillion as of October [1] - If the scale of central bank gold reserves remains unchanged by year-end, their value could reach $3.93 trillion, indicating that gold reserves may surpass the value of foreign-held U.S. Treasury bonds [1] Group 2: Current Gold Price - As of January 7, the spot price of gold was reported at $4,469.68 per ounce, reflecting a decline of 0.54% [1]