BRICS Accelerates De-Dollarization: Central Banks Snatch Up 166 Tons of Gold

Global power shifts aren't just political theater—they're measured in bullion. As BRICS nations double down on ditching the dollar, central banks just made their biggest gold grab in years.

The Great Monetary Pivot

166 metric tons. That's how much physical gold changed hands last quarter as institutions hedge against dollar dominance. Not since the Bretton Woods collapse have we seen such coordinated flight from fiat.

Gold's New Allure

Forget 'barbarous relic' jibes. When geopolitical winds shift, even Keynesians become goldbugs. The metal's 30% surge since 2022 tells the real story—trust in paper currencies is eroding faster than a Fed balance sheet expands.

The Cynic's Take

Wall Street still claims gold 'doesn't yield.' Tell that to the euro's purchasing power—or to the BRICS bankers quietly stacking while Jamie Dimon lectures us on 'responsible monetary policy.'

BRICS De-Dollarization Drives Central Banks Gold Demand And Currency Shift

Record Central Banks Gold Purchases Signal System Change

Central banks gold accumulation strategies have revolutionized unprecedented levels during Q2 2025. This was engineered by emerging market authorities who are diversifying away from dollar assets through several key approaches right now. The World Gold Council reported that these institutional demand patterns actually differ from retail flows across various major market segments, remaining persistent and price-insensitive across numerous significant market conditions and economic cycles.

Jeff Quartermaine, CEO of Perseus Mining, stated:

BRICS de-dollarization strategies have spearheaded China, Turkey, India, along with Russia to lead this purchasing wave across multiple essential monetary sectors. Central banks now hold over 36,000 tonnes of gold. This represents a structural transformation as BRICS US dollar reserves decline continues accelerating across member economies through various major policy initiatives.

BRICS Currency 2026 Development Gains Momentum

The BRICS currency 2026 timeline initiatives have Leveraged concrete progress following the 17th BRICS Summit in Brazil during July 2025. Member nations architected digital payment infrastructure development across several key technological frameworks. They also optimized local currency settlements between trading partners through numerous significant bilateral agreements, which strengthens their strategic positioning right now.

BRICS-10 expansion has revolutionized the bloc’s influence across various major geopolitical spheres. Now it encompasses 46% of global population along with 37% of world GDP through multiple essential economic sectors. This enhanced scope empowers alternative financial systems to bypass traditional SWIFT networks as when will BRICS currency be released discussions drive implementation phases across certain critical operational areas.

Mining Operations Benefit From Currency Shifts

Gold producers in BRICS-aligned economies are experiencing operational advantages as BRICS de-dollarization creates natural hedging mechanisms across several key market segments right now. Companies with USD revenues and local currency costs have leveraged margin expansion during currency weakness periods through various major operational strategies. This benefits their performance across multiple essential business areas significantly.

Mike Hodgson, CEO of Serabi Gold, stated:

He also noted:

Perseus Mining’s African operations actually align with regional central banks gold accumulation trends across numerous significant monetary policy developments. Their CEO Jeff Quartermaine explained their strategic approach through certain critical operational frameworks:

The convergence of BRICS currency 2026 development and record central banks gold purchases demonstrates how multiple essential implementation phases are transforming global financial sectors toward multipolar monetary systems. Several key strategic initiatives accelerate BRICS US dollar reserves decline. Clarity emerges around when will BRICS currency be released across various major operational frameworks. Even more, this BRICS de-dollarization momentum drives irreversible transformation across emerging economies and their numerous significant trading relationships right now.