BRICS Shakes Global Markets: New Precious Metals Exchange Launching at 2025 Summit?

Gold just got geopolitical. The BRICS alliance is poised to disrupt centuries-old trading systems with a bombshell announcement.

The Dollar's Worst Nightmare

Forget Fort Knox—the world's next gold hub might be in Shanghai or Moscow. Sources indicate the 2025 summit will unveil a physical trading platform bypassing London and New York entirely.

Miners Rejoice, Bankers Sweat

African and South American producers could finally escape the 0.005% spread racket run by Western bullion banks. Early reports suggest blockchain settlement—because nothing terrifies traditional finance like transparency.

Will It Stick?

Analysts warn of liquidity challenges, but when did BRICS ever play by Wall Street's rules? One thing's certain: the petrodollar monopoly just got another competitor. Gold bugs are thrilled—bankers are reaching for the antacids.

Launching a New Precious Metals Exchange on the Cards For BRICS

While the mechanism for BRICS to launch their own metals exchange is tedious, it’s not completely impossible. The mechanism will include a paradigm shift in the market’s purview setting a new standard of benchmark for price measurements. It would require an accreditation of market participants and a stringent audit and clearing for price and value tracking.

Gold, silver, and nickel could come under the BRICS metals exchange if the approval goes through. The alliance has an abundance of these metals and can give it a head start in establishing the new index. The 17th summit will take place in Brazil’s Rio de Janeiro on July 6 and 7. Russia’s Vladimir Putin and China’s Xi Jinping will not attend the summit due to various reasons.