aye, fairly certain that gold was NOT listed as qualifying as a Zero Percent Risk-Weighted Item before this update.
It will likely do more for the large holder risk assessment sheets than it will for would be buyers though.
It's also a recent change that was made by the ECB, BIS, and numerous other major financial institutions. Gold is the only monetary instrument
currently capable of providing sufficient liquidity for large scale international trade.
I have already started helping some people formulate a USD/gold to Bitcoin
carry-trade. This will keep demand for gold fairly stagnant but allow for a switch in demand from USD to Bitcoin, on a small scale (few tens of millions). Going to be extremely exciting over the next few years.