BRICS Gold Reserves Set to Overtake US Treasury Holdings by 2028

BRICS nations are accelerating their shift from US Treasuries to gold reserves at a historic pace. China, India, and Brazil collectively sold $183.2 billion in Treasury holdings between October 2024 and October 2025 while adding over 250 tonnes of gold annually. At this trajectory, gold reserves will surpass Treasury holdings by late 2027.

China leads the de-dollarization charge with $71.4 billion in Treasury sell-offs, now holding $775 billion in US debt versus $150 billion in gold. India and Brazil follow with aggressive reallocations, creating a $400 billion gap that narrows with each quarter. The October 2025 single-month sell-off of $28.8 billion signals intensifying momentum.

Gold's rise mirrors a broader institutional pivot toward hard assets. With BRICS nations accounting for 40% of global gold purchases, the metal's role as a Treasury alternative grows undeniable. Market watchers anticipate crossover implications for cryptocurrency markets as reserve diversification strategies evolve.