In 2024, the Eurozone experienced a significant surge in its monetary gold reserves, which reached an impressive peak of over 869 billion euros. This notable growth represents the largest increase in gold reserves recorded during the period, highlighting a strong shift in the region’s financial strategy. The sharp rise may be attributed to various economic factors, including heightened demand for safe-haven assets, fluctuations in global markets, and efforts by central banks to diversify their reserves.
Monetary gold reserves of the Eurozone from 1999 to 2024
(in billion euros)
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ECB. (January 15, 2025). Monetary gold reserves of the Eurozone from 1999 to 2024 (in billion euros) [Graph]. In Statista. Retrieved April 20, 2025, from https://www.statista.com/statistics/254310/gold-reserves-at-the-european-central-bank-ecb/
ECB. "Monetary gold reserves of the Eurozone from 1999 to 2024 (in billion euros)." Chart. January 15, 2025. Statista. Accessed April 20, 2025. https://www.statista.com/statistics/254310/gold-reserves-at-the-european-central-bank-ecb/
ECB. (2025). Monetary gold reserves of the Eurozone from 1999 to 2024 (in billion euros). Statista. Statista Inc.. Accessed: April 20, 2025. https://www.statista.com/statistics/254310/gold-reserves-at-the-european-central-bank-ecb/
ECB. "Monetary Gold Reserves of The Eurozone from 1999 to 2024 (in Billion Euros)." Statista, Statista Inc., 15 Jan 2025, https://www.statista.com/statistics/254310/gold-reserves-at-the-european-central-bank-ecb/
ECB, Monetary gold reserves of the Eurozone from 1999 to 2024 (in billion euros) Statista, https://www.statista.com/statistics/254310/gold-reserves-at-the-european-central-bank-ecb/ (last visited April 20, 2025)
Monetary gold reserves of the Eurozone from 1999 to 2024 (in billion euros) [Graph], ECB, January 15, 2025. [Online]. Available: https://www.statista.com/statistics/254310/gold-reserves-at-the-european-central-bank-ecb/