{"id":223986,"date":"2025-05-16T10:45:00","date_gmt":"2025-05-16T14:45:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=223986"},"modified":"2025-06-06T14:08:25","modified_gmt":"2025-06-06T18:08:25","slug":"gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/","title":{"rendered":"Gold Goes Full Reserve Asset as Basel III Elevates It to Tier 1 Status"},"content":{"rendered":"\n

For my entire decades-long career in capital markets, I\u2019ve made the case that gold is not just a shiny relic of the past, but a serious, strategic asset for modern investors. After years of pounding the table, it feels pretty good to say that the world\u2019s central banks\u2014and now the U.S. banking system\u2014are finally catching up.<\/p>\n\n\n\n

As of July 1, 2025, gold will officially be classified as a Tier 1, high-quality liquid asset (HQLA) under the Basel III banking regulations. That means U.S. banks can count physical gold, at 100% of its market value, toward their core capital reserves. No longer will it be marked down by 50% as a \u201cTier 3\u201d asset, as it was under the old rules.<\/p>\n\n\n\n

This is a huge shift in how regulators perceive gold, and it\u2019s a long-overdue recognition of what many of us have known for decades: Gold is money. And it\u2019s the kind of money you want to own when the world is on fire.<\/p>\n\n\n\n

Central Banks Know that Gold Is Real Money. Shouldn\u2019t You?<\/strong><\/h3>\n\n\n\n

Obviously, I\u2019m not the only one who believes this. Central banks have been leading the charge for 15 years. In the first quarter of this year, central banks added 244 metric tons of gold<\/a> to their official reserves, according to the World Gold Council (WGC). That\u2019s 24% above the five-year quarterly average.<\/p>\n\n\n\n

\"Central<\/figure>\n\n\n\n

This isn\u2019t a one-off anomaly. It\u2019s part of a longer-term trend that began in earnest after the 2008 financial crisis and accelerated after gold\u2019s reclassification under Basel III in 2019. According to the WGC, about 30% of central banks<\/a> say they plan to increase their gold holdings in the next 12 months\u2014the highest level ever recorded in their survey.<\/p>\n\n\n\n

Why are central banks buying gold? The same reason you or I would: to protect against currency debasement, geopolitical turmoil and runaway debt. As global fiat currencies get printed with increasing abandon, I believe the yellow metal remains one of the few truly finite, unprintable stores of value.<\/p>\n\n\n\n

So if the world\u2019s central banks are moving into gold, shouldn\u2019t retail investors be doing the same?<\/p>\n\n\n\n

The Retail Reawakening<\/strong><\/h3>\n\n\n\n

The answer, thankfully, is yes. According to Gallup\u2019s latest polling data,<\/a> nearly a quarter of U.S. adults now say gold is the best long-term investment\u2014a sharp increase from last year, and well above the 16% who say stocks. Only real estate ranked higher.<\/p>\n\n\n\n

\"Nearly<\/figure>\n\n\n\n

This could be significant. For the first time in over a decade, Americans say they\u2019re prioritizing gold over equities. Investors appear to be increasingly skeptical of the stock market\u2019s near-term trajectory, and they\u2019re returning to what has historically worked in times of uncertainty.<\/p>\n\n\n\n

I\u2019ve said for years that gold belongs in every diversified portfolio. Back in 2020, I told CNBC that I believed gold could hit $4,000 an ounce<\/a> on looser monetary policy and central bank balance sheet expansion. Fast forward to today, and the metal is trading at $3,340.<\/p>\n\n\n\n

Today I\u2019d like to adjust my forecast.<\/p>\n\n\n\n

With the implementation of President Donald Trump\u2019s tariffs, continued global uncertainty and rising central bank gold demand, I now believe gold could go as high as $6,000 an ounce<\/a> over the medium- to long-term.<\/p>\n\n\n\n

The Curious Case of Gold Miners<\/strong><\/h3>\n\n\n\n

But here\u2019s where things get interesting\u2014and puzzling. While gold prices continue to make new all-time highs, gold mining stocks have been seeing sustained outflows.<\/p>\n\n\n\n

This disconnect is hard to ignore. It points to a deeper concern investors may have about the operational and financial health of mining companies. Unlike physical gold, which simply tracks the spot price, miners are exposed to cost inflation, labor shortages, geopolitical risk and more. These headwinds aren\u2019t new, though, and they shouldn\u2019t obscure the fundamental leverage that quality mining stocks offer in a rising gold environment.<\/p>\n\n\n\n

Historically, gold stocks tend to lag the metal itself until higher prices are deemed sustainable. Institutional capital tends to wait for the \u201call clear\u201d sign. That often means retail investors can front-run the rotation. If gold prices stay elevated\u2014or go higher, as I expect\u2014I believe we\u2019ll see renewed flows into the mining space.<\/p>\n\n\n\n

Meanwhile, we\u2019ve seen investors increasingly favor physically backed gold ETFs and streaming\/royalty companies as lower-risk ways to gain exposure. That\u2019s understandable. These vehicles offer gold\u2019s upside with fewer operational headaches.<\/p>\n\n\n\n

Be the Bank<\/strong><\/h3>\n\n\n\n

Basel III is more than a regulatory change. I believe it\u2019s a validation. It affirms what many of us have long believed about gold\u2019s status as a monetary asset and a hedge against chaos.<\/p>\n\n\n\n

If the world\u2019s most powerful financial institutions are increasing their gold exposure, and regulatory bodies are reclassifying it as a top-tier liquid asset, what\u2019s holding the average investor back?<\/p>\n\n\n\n

As always, I recommend a 10% weighting in gold, with 5% in physical gold (bars, coins, jewelry) and 5% in high-quality gold mining stocks, mutual funds and\/or ETFs. Remember to rebalance on a regular basis.<\/p>\n\n\n\n

Interested in learning more about our gold mining strategies? Email us at <\/em><\/strong>info@usfunds.com<\/em><\/strong><\/a> with the subject line \u201cGold strategies.\u201d<\/em><\/strong><\/p>\n\n\n\n

—<\/p>\n\n\n\n

Originally Posted May 12, 2025 – Gold Goes Full Reserve Asset as Basel III Elevates It to Tier 1 Status<\/a><\/p>\n\n\n\n


All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link(s) above, you will be directed to a third-party website(s). U.S. Global Investors does not endorse all information supplied by this\/these website(s) and is not responsible for its\/their content.<\/p>\n\n\n\n

Holdings may change daily. Holdings are reported as of the most recent quarter-end. None of the securities mentioned in the article were held by any accounts managed by U.S. Global Investors as of 3\/31\/2025.<\/p>\n","protected":false},"excerpt":{"rendered":"

For my entire decades-long career in capital markets, I\u2019ve made the case that gold is not just a shiny relic of the past, but a serious, strategic asset for modern investors. <\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[21,6,8,9,26,3],"tags":[19554,19727,18073,19729,19728],"contributors-categories":[13633],"class_list":{"0":"post-223986","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-commodities","7":"category-north-america","8":"category-region","9":"category-securities","10":"category-text-articles","11":"category-traders-insight","12":"tag-central-bank-reserves","13":"tag-gold-basel-iii","14":"tag-gold-investment","15":"tag-high-quality-liquid-asset","16":"tag-tier-1-asset","17":"contributors-categories-us-global-investors"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nGold Goes Full Reserve Asset as Basel III Elevates It to Tier 1 Status<\/title>\n<meta name=\"description\" content=\"For my entire decades-long career in capital markets, I\u2019ve made the case that gold is not just a shiny relic of the past, but a serious, strategic...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/223986\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold Goes Full Reserve Asset as Basel III Elevates It to Tier 1 Status | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"For my entire decades-long career in capital markets, I\u2019ve made the case that gold is not just a shiny relic of the past, but a serious, strategic asset for modern investors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-16T14:45:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-06T18:08:25+00:00\" \/>\n<meta name=\"author\" content=\"Frank Holmes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Frank Holmes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"NewsArticle\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Frank Holmes\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/76a97f31492e588de01f76c9f6b1df38\"\n\t },\n\t \"headline\": \"Gold Goes Full Reserve Asset as Basel III Elevates It to Tier 1 Status\",\n\t \"datePublished\": \"2025-05-16T14:45:00+00:00\",\n\t \"dateModified\": \"2025-06-06T18:08:25+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/\"\n\t },\n\t \"wordCount\": 987,\n\t \"commentCount\": 2,\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.usfunds.com\\\/app\\\/uploads\\\/2025\\\/05\\\/COMM-central-banks-demand-05092025.png\",\n\t \"keywords\": [\n\t \"Central Bank Reserves\",\n\t \"gold Basel III\",\n\t \"gold investment\",\n\t \"high-quality liquid asset\",\n\t \"Tier 1 asset\"\n\t ],\n\t \"articleSection\": [\n\t \"Commodities\",\n\t \"North America\",\n\t \"Region\",\n\t \"Securities\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/\",\n\t \"name\": \"Gold Goes Full Reserve Asset as Basel III Elevates It to Tier 1 Status | IBKR Campus US\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t },\n\t \"primaryImageOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/#primaryimage\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.usfunds.com\\\/app\\\/uploads\\\/2025\\\/05\\\/COMM-central-banks-demand-05092025.png\",\n\t \"datePublished\": \"2025-05-16T14:45:00+00:00\",\n\t \"dateModified\": \"2025-06-06T18:08:25+00:00\",\n\t \"description\": \"For my entire decades-long career in capital markets, I\u2019ve made the case that gold is not just a shiny relic of the past, but a serious, strategic asset for modern investors.\",\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"ReadAction\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\\\/#primaryimage\",\n\t \"url\": \"https:\\\/\\\/www.usfunds.com\\\/app\\\/uploads\\\/2025\\\/05\\\/COMM-central-banks-demand-05092025.png\",\n\t \"contentUrl\": \"https:\\\/\\\/www.usfunds.com\\\/app\\\/uploads\\\/2025\\\/05\\\/COMM-central-banks-demand-05092025.png\"\n\t },\n\t {\n\t \"@type\": \"WebSite\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"name\": \"IBKR Campus US\",\n\t \"description\": \"Financial Education from Interactive Brokers\",\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"SearchAction\",\n\t \"target\": {\n\t \"@type\": \"EntryPoint\",\n\t \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t },\n\t \"query-input\": {\n\t \"@type\": \"PropertyValueSpecification\",\n\t \"valueRequired\": true,\n\t \"valueName\": \"search_term_string\"\n\t }\n\t }\n\t ],\n\t \"inLanguage\": \"en-US\"\n\t },\n\t {\n\t \"@type\": \"Organization\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t \"name\": \"Interactive Brokers\",\n\t \"alternateName\": \"IBKR\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"logo\": {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"width\": 669,\n\t \"height\": 669,\n\t \"caption\": \"Interactive Brokers\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t },\n\t \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t },\n\t {\n\t \"@type\": \"Person\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/76a97f31492e588de01f76c9f6b1df38\",\n\t \"name\": \"Frank Holmes\",\n\t \"description\": \"Frank Holmes is CEO and CIO of U.S. Global Investors. He also serves as Executive Chairman to HIVE Blockchain Technologies.\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/frank-holmes\\\/\"\n\t }\n\t ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gold Goes Full Reserve Asset as Basel III Elevates It to Tier 1 Status","description":"For my entire decades-long career in capital markets, I\u2019ve made the case that gold is not just a shiny relic of the past, but a serious, strategic...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/223986\/","og_locale":"en_US","og_type":"article","og_title":"Gold Goes Full Reserve Asset as Basel III Elevates It to Tier 1 Status | IBKR Campus US","og_description":"For my entire decades-long career in capital markets, I\u2019ve made the case that gold is not just a shiny relic of the past, but a serious, strategic asset for modern investors.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/","og_site_name":"IBKR Campus US","article_published_time":"2025-05-16T14:45:00+00:00","article_modified_time":"2025-06-06T18:08:25+00:00","author":"Frank Holmes","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Frank Holmes","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/"},"author":{"name":"Frank Holmes","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/76a97f31492e588de01f76c9f6b1df38"},"headline":"Gold Goes Full Reserve Asset as Basel III Elevates It to Tier 1 Status","datePublished":"2025-05-16T14:45:00+00:00","dateModified":"2025-06-06T18:08:25+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/"},"wordCount":987,"commentCount":2,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/#primaryimage"},"thumbnailUrl":"https:\/\/www.usfunds.com\/app\/uploads\/2025\/05\/COMM-central-banks-demand-05092025.png","keywords":["Central Bank Reserves","gold Basel III","gold investment","high-quality liquid asset","Tier 1 asset"],"articleSection":["Commodities","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/","name":"Gold Goes Full Reserve Asset as Basel III Elevates It to Tier 1 Status | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/#primaryimage"},"thumbnailUrl":"https:\/\/www.usfunds.com\/app\/uploads\/2025\/05\/COMM-central-banks-demand-05092025.png","datePublished":"2025-05-16T14:45:00+00:00","dateModified":"2025-06-06T18:08:25+00:00","description":"For my entire decades-long career in capital markets, I\u2019ve made the case that gold is not just a shiny relic of the past, but a serious, strategic asset for modern investors.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status\/#primaryimage","url":"https:\/\/www.usfunds.com\/app\/uploads\/2025\/05\/COMM-central-banks-demand-05092025.png","contentUrl":"https:\/\/www.usfunds.com\/app\/uploads\/2025\/05\/COMM-central-banks-demand-05092025.png"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/76a97f31492e588de01f76c9f6b1df38","name":"Frank Holmes","description":"Frank Holmes is CEO and CIO of U.S. Global Investors. He also serves as Executive Chairman to HIVE Blockchain Technologies.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/frank-holmes\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/223986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=223986"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/223986\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=223986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=223986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=223986"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=223986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}