Gold Hits Record $4,400 as BRICS Accelerate De-Dollarization
Gold surged to an unprecedented $4,400 on December 19, 2025, marking a historic milestone as BRICS nations aggressively accumulate reserves and advance their gold-based settlement system. The MOVE signals a structural shift away from dollar dependency, with the bloc now holding over 6,000 tons of the metal.
Russia and China lead the charge, holding 2,336 tons and 2,298 tons of gold, respectively. The BRICS Gold Strategy, coupled with the launch of a gold-backed digital Unit for cross-border trade, underscores their push to bypass Western financial systems. Each Unit is pegged to 1 gram of gold, backed by 40% physical reserves and 60% BRICS currencies.
The rally reflects broader market trends: a dovish Fed outlook and accelerating de-dollarization in emerging markets. Gold’s ascent mirrors institutional demand for alternatives to fiat volatility, with BRICS reshaping global reserve dynamics.
