BRICS accelerates de-dollarization by shifting reserves into gold

Over the past 12 months, there has been a major reshuffle in foreign exchange reserve strategies. China, India, and Brazil collectively divested $183.2 billion in government bonds, signaling a decisive shift away from dollar dependence. This move demonstrates not a random action by individual players but a coordinated realignment within the BRICS alliance.

Gold instead of American debt securities

Alongside the divestment from bonds, the three countries are increasing their gold reserves, bringing total holdings to a record 3,350 tons. At current market prices, this gold stockpile is valued at approximately $430-450 billion. This reorientation toward precious metals serves as a clear hedge against potential fluctuations in the US dollar and sanctions risks.

The global de-dollarization trend accelerates

Growing concerns among BRICS countries about the possible use of the US dollar as a tool of political pressure are pushing them toward active de-dollarization. The shift from American securities to gold symbolizes a move toward a more independent monetary policy and preparation for a multipolar financial world.

This trend indicates a long-term transition of developing economies toward alternative reserve assets and reflects fundamental shifts in the global financial architecture.