BRICS Nations Snatch 663 Metric Tonnes of Gold in $91 Billion 2025 Power Move
Forget quiet accumulation—this is a declaration. The BRICS bloc just executed one of the largest sovereign gold grabs in modern history, pulling 663 metric tonnes off the market in a single year. The price tag? A cool $91 billion. This isn't just diversification; it's a strategic maneuver written in bullion.
The Scale of the Shift
Let's put that number in perspective. 663 tonnes is more than the total annual output of some major mining nations. It represents a seismic shift in global reserve assets, moving physical wealth eastward and southward at a pace that makes traditional central banks look sluggish. The move screams a long-term bet against fiat volatility and a direct challenge to dollar hegemony.
Reading the Golden Ledger
This purchase does more than just fill vaults—it sends a market signal that reverberates far beyond the gold pits. It's a tangible asset play in an era of digital promises and ballooning debt, a hedge crafted not by Wall Street quants but by sovereign treasury desks. Some analysts see it as the ultimate insurance policy, while others whisper about the groundwork for a new, commodity-backed trade settlement system. After all, gold doesn't need an SWIFT code.
The real irony? While legacy finance debates digital currency theory, the rising economic powers are busy stacking the oldest, most proven hard asset in existence—proving that sometimes the best innovation is a 5,000-year-old technology. A cynical take? It's the ultimate 'hold' strategy, making the frantic trading of synthetic financial products look like a game of musical chairs.
BRICS Heavily Buys Gold, Diversifies Their Central Bank Reserves
The US Dollar was the prime currency in the central banks of BRICS countries, but is now being diversified with gold. The relentless purchasing from the alliance made prices hit new highs and touched $4,339 on Friday.
In total, the BRICS bloc holds 6,026 tonnes of gold as of Q3, 2025. However, they are still behind the US, which holds 8,133 tonnes of the precious metal. Coming to individual countries, Germany holds 3,352 tonnes while Italy has 2,452 tonnes.
Coming to BRICS countries, Russia tops the list with 2,336 tonnes, followed by China at 2,298 tonnes. India lags as it holds 880 tonnes, and Brazil’s recent purchase brings the number to 145.1 tonnes. The development indicates that the US is the clear winner when it comes to owning the metal. The US gets an upper hand here as the accumulation is more than that of the alliance.
BRICS has been steadily buying gold since 2022, and the momentum kick-started after the WHITE House imposed sanctions on Russia for invading and waging war against its neighboring country, Ukraine. Geopolitics turned upside down after the sanctions, as developing countries banded together as one. The de-dollarization agenda gained steam thereafter, threatening the prospects of the US dollar.
