International News
Gold, ‘Non-traditional reserve currencies’ eat into U.S. dollar’s reserve dominance: Wolf Richter
Gold and other reserve currencies – but not the euro or renminbi – are steadily eroding the U.S. dollar’s position as the world’s preeminent reserve asset, according to Wolf Richter, analyst and publisher of Wolf Street.
“The status of the US dollar as the dominant global reserve currency has helped the US fund its twin deficits, and thereby has enabled them: the huge fiscal deficit every year and the massive trade deficit every year,” Richter wrote in an article published Monday. “The reserve currency status comes from other central banks (not the Fed) having purchased trillions of USD-denominated assets such as Treasury securities, other government securities, corporate bonds, and even stocks. The dollar status as the dominant reserve currency has been crucial for the US, and as that dominance declines ever so slowly, risks pile up ever so slowly.”
Total holdings of USD-denominated securities by other central banks (not the Fed) fell by $59 billion to $6.63 trillion at the end of 2024, from $6.69 trillion at the end of 2023,” he noted. “And the dollar’s share declined to 57.8% of total allocated exchange reserves at the end of 2024, the lowest since 1994, down by 7.3 percentage points in 10 years, as central banks have been diversifying their holdings for years to assets denominated in currencies other than the dollar, and into gold.”
International News
Instappraise & NAJA Tie Up: Third Scholarship Unlocks appraisal Mastery For Global Pros
Renewed Partnership Boosts Access To NAJA Certification Pathways and Instappraise Tool
Instappraise, a jewellery appraisal software provider founded in 2019, has renewed and extended its educational partnership with the National Association of Jewellery Appraisers (NAJA), a US-based professional body established in 1981 that focuses on appraisal education, certification, and ethical standards, introducing a third scholarship to widen access to formal appraisal training and reinforce global standards.
The expanded programme now offers three distinct pathways. The first targets non-members with gemmological credentials, providing NAJA membership, access to Lessons 1-5 of the Appraisal Studies Course, and a one-year Instappraise software subscription, valued at $2,070. The second supports existing NAJA members pursuing certification, while the third enables certified members to advance to the Certified Master Appraiser designation, with benefits valued at $1,775.
The initiative responds to rising demand for structured education amid evolving valuation standards and regulatory expectations. Applicants must submit an essay, demonstrate recognised gemmological qualifications, and complete coursework within defined timelines to maintain academic rigour.
Instappraise’s appraisal platform is positioned to support NAJA and Uniform Standards of Professional Appraisal Practice (USPAP)-compliant reporting through structured documentation and workflow tools, while NAJA continues to anchor professional education and certification.
Applications close on 15 June 2026, with winners to be announced at NAJA’s 66th Annual ACEit Mid-Year Education Conference in August.
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Instappraise & NAJA Tie Up: Third Scholarship Unlocks appraisal Mastery For Global Pros
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National News13 hours agoMalabar Gold & Diamonds Opens New Showroom In KR Puram, Bengaluru by cine actress Srinidhi Shetty
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BrandBuzz11 hours agoTalla Jewellers Celebrates with Vyah Wedding Jewellery Collection Campaign
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National News16 hours agoGovt Extends Compliance Timelines for Gems & Jewellery Sector by 30 Days
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International News11 hours agoInstappraise & NAJA Tie Up: Third Scholarship Unlocks appraisal Mastery For Global Pros
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