BRICS Nations Accelerate Gold Accumulation in Strategic Reserve Shift
The BRICS bloc is executing a deliberate Gold acquisition strategy, with Brazil, Russia, India, China and South Africa collectively adding to reserves. September 2025 saw Brazil purchase 16 metric tonnes—its first since 2021—bringing holdings to 145.1 tonnes. Russia maintains dominance with 2,336 tonnes, followed by China (2,298 tonnes) and India (880 tonnes).
This coordinated buying forms part of a broader de-dollarization agenda. Central banks worldwide have purchased over 1,000 tonnes annually since 2022—the longest sustained accumulation streak in modern history. The World Gold Council notes these actions are laying groundwork for potential gold-backed financial instruments.
Market analysts observe the 2025-2030 strategy extends beyond bullion, encompassing development of autonomous payment systems. The moves signal a structural shift in global reserve composition, with implications for currency markets and commodity-backed digital assets.