Source : https://www.mining.com/gold-surpasses-euro-as-second-largest-reserve-asset-ecb/

Nonsense, gold has always been at least three times the size of euro base money.

The article takes in account aggregated foreign central bank reserves. If it's not rehypothecated (I know, it's a big IF), it means that LBMA, COMEX and Shangai market reserves are not included.