BRICS Nations Accelerate Gold Reserves Amid Western Lag, Highlighting Global Monetary Shift
BRICS countries have surged Gold holdings by 102% since 2020, dwarfing the West's 12% growth. Russia leads with 2,330 metric tonnes as the bloc actively accumulates physical bullion, while Western reserves expanded primarily through price appreciation.
The de-dollarization push is quantifiable: BRICS doubled gold's share in reserves from 6.4% to 12.9%, contrasting with Western nations' marginal increase from 62.7% to 70.2%—a difference driven by valuation gains rather than strategic acquisitions.
Central bank data reveals a tectonic divergence in approach. BRICS vaults absorbed 4.8 billion in physical gold through Q3 2025, whereas Western institutions relied on market dynamics. This gold divide mirrors broader geopolitical realignments in reserve currency strategies.