• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Central Banks Buy 166t Gold

Simon Osuji by Simon Osuji
August 15, 2025
in Business
0
Central Banks Buy 166t Gold
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

BRICS de-dollarization efforts are actually accelerating right now as central banks purchased 166 tonnes of gold in Q2 2025, and this marks a 41% increase above what we normally see. This surge in central banks gold buying reflects growing momentum toward alternatives to dollar-dominated reserves, along with member nations seeking more financial independence. The BRICS US dollar reserves decline comes as discussions about when will BRICS currency be released intensify, with the BRICS currency 2026 timeline gaining real traction among emerging economies.

Also Read: BRICS to Launch Secret Currency: Experts Reveal the Real Plan

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

BRICS Multipolarity & Emerging Geopolitical OrderBRICS Multipolarity & Emerging Geopolitical Order
Source: The Daily Economy

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:

“Gold isn’t just a hedge, it’s insurance against the fragility of the global monetary system.”

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 us dollar usd currency bricsgold us dollar usd currency brics
Source: Freepik.com

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:

“We’re enjoying a very preferable exchange rate, which is very much in our favor.”

He also noted:

“We can do everything out of cash flow, without the need to dilute shareholders.”

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:

“We guided the market production to 469,000 to 505,000 ounces finishing at 496,000. We were anticipating an increase in costs and communicated that to the market. In fact, what we have done is performed better than what we had anticipated.”

Also Read: BRICS vs US: How Members Are Being Targeted One-By-One

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.

Source link

Related posts

Trump-Backed World Liberty Financial Rallies Amid Market Crash

Trump-Backed World Liberty Financial Rallies Amid Market Crash

February 2, 2026
Commercial beekeeping: managing swarms and logistics

Commercial beekeeping: managing swarms and logistics

February 2, 2026
Previous Post

PwC tips Tanzania tax chiefs on use of AI to seal leaks

Next Post

KCB Group Champions Sustainability as H1 2025 Profits Stay Strong

Next Post
KCB Group Champions Sustainability as H1 2025 Profits Stay Strong

KCB Group Champions Sustainability as H1 2025 Profits Stay Strong

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Prison Phone Call Fees Are Out of Control. The FCC Can Finally Rein Them In

Prison Phone Call Fees Are Out of Control. The FCC Can Finally Rein Them In

2 years ago
Salamander deploys fish monitors to study floating wind impact

Salamander deploys fish monitors to study floating wind impact

1 year ago
South African Poetry has a New Digital Archive

South African Poetry has a New Digital Archive

12 months ago
Ripple (XRP) Could Hit $413, Here’s When

Ripple (XRP) Could Hit $413, Here’s When

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.