BRICS Gold Rush Could Propel Prices to $6,000 Amid US Trade Tensions
Geopolitical unrest and escalating US-China trade tensions are driving a flight to haven assets, with gold emerging as the primary beneficiary. The BRICS alliance, actively seeking alternatives to the US dollar, has been aggressively accumulating gold reserves—a strategy that could push prices toward $6,000.
Failed joint statements within BRICS highlight internal discord, yet member nations remain unified in their bullion acquisitions. market observers note this trend mirrors historical patterns where trade wars accelerate de-dollarization efforts.