For the first time in history, the share of gold has surpassed that of foreign currency

For the first time in history, the share of gold in the reserves of the Central Bank of the Republic of Türkiye has surpassed the share of foreign currency. According to experts, this development is not merely a technical data point but an indicator of a new economic paradigm. BRICS countries and emerging markets are placing gold back at the center of their reserves. As a result of aggressive purchases by China, India, Türkiye, and Russia, the share of gold held by central banks has exceeded their foreign currency reserves for the first time.

Rising political uncertainty ahead of the upcoming elections in the US, Russia's military buildup near the European border, and the military support provided by the EU to Ukraine have unsettled the markets. In the Middle East, Israel's aggressive policies and rhetoric toward Türkiye have strengthened the search for regional security. The diplomatic tension that increased with France, Ireland, and Norway's recognition of Palestine has accelerated the shift of investors toward gold as a safe haven.

Demaş A.Ş. Chairman of the Board Ahmet Cumhur Kitiş evaluated the developments by stating, "Even if central banks do not speak openly, we know that confidence in the foreign currency system has collapsed. Gold is not just a commodity; it is the foundation of the new financial order. Today's 132 billion dollar demand proves this. The orientation toward physical gold will be an insurance policy not only for individuals but also for states in the future. Our clear message to our investors is this: continue on your path with gold. Physical gold, in particular, is the most robust asset of this new era."

Kitiş added, "It is not just ETFs and virtual assets; individual physical gold purchases have also gained momentum. Individual investor interest in bullion, coins, and gram gold has reached its highest levels in recent years in emerging countries. This orientation is not just a temporary crisis reflex; it is a new security strategy. Gold is not just a building block for times of crisis, but for the new economic order. The ratio of gold in reserves has gained superiority over the dollar. Rising internal tensions in America and military preparations in Europe make the shift toward gold inevitable. Physical gold offers a concrete security zone against digital systems."

According to the assessment made by Demaş A.Ş., these developments should be read not merely as a temporary investment trend, but as a fundamental change in the cash system. Summarizing this assessment as a conclusion, Ahmet Cumhur Kitiş stated, "This is not just a shift in reserves, but a strategic awakening in global economic consciousness. The fact that the dollar's hegemony is being shaken and that money is not just paper, but a representation of value, is being remembered once again. States, companies, and individuals are now looking for the address of security, sustainability, and independence in a different place. As it has throughout history, gold is rising today in the hands of those who are prepared, not necessarily the powerful."

News Source: İHA