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BRICS draws golden card: dollar loses its shine in global trade!
Learn how BRICS countries, especially Russia, are diversifying their foreign exchange reserves through massive gold purchases.
BRICS draws golden card: dollar loses its shine in global trade!
Gold rush at BRICS! Russia is breaking with the US dollar dominance and is relying entirely on the shiny metal. The Kremlin has drastically changed its currency reserves: in March 2025 alone, golden treasures accounted for a whopping 34.4% - that's an impressive $217.4 billion! No wonder that India is also eagerly stockpiling gold to protect the domestic economy from turbulence. One thing is certain: the shine of the gold makes the dollar look pale.
Since 2022, the BRICS countries have been grabbing like crazy! China, India and Brazil – everyone is on board. The glittering mission: abandon the dollar for foreign trade in order to no longer take any risks on the debt journey. If markets crash, the greenback threatens to become a drag. But don't worry - the BRICS strategy is intended to avoid the inflation theater if the dollar goes south, so reports watcher.guru.
Rumors that BRICS is planning a new gold-backed currency are mushrooming! The vision: A financial world without US dollars. Meanwhile, a special US stock star is proving that you can triumph against market collapses without gold - but that remains a secret! Finally, how watcher.guru reports, this BRICS gold rate could shake the dollar kingdom. Gold versus green – the big duel has begun!