BRICS Central Banks Record Gold Buying: A US Dollar Defense?

Amid the BRICS alliance de-dollarization plans, Central Banks across the globe have recorded record gold buying as a clear US dollar defense. Indeed, amid the BRICS de-dollarization efforts, various central banks are using increased gold reserves as their US dollar defense. The strategy adopted by the BRICS embodies a significant opposition to the monetary dominance exerted by the United States. Through gold, these nations demonstrate a growing desire for economic independence and a hedge against potential US dollar volatility.

The last year has seen the accumulation of gold reserves at levels not witnessed in decades. In response to the de-dollarization strategies of the BRICS alliance, central banks worldwide have shown a significant increase in gold acquisition, seemingly as a strategic countermove. It was 2025 which saw levels of gold purchases by central banks comparable to what we observed at the end of 2025.

Record Gold Prices and the BRICS Connection

The gold price has reached a new record high in recent days, and experts see a clear connection to the massive gold purchases by the BRICS nations. China, in particular, has been a leading force in acquiring gold, further fueling speculation about a coordinated effort to reduce reliance on the US dollar. Indeed, the World Coin network is closely monitoring these trends, as they could have significant implications for global financial markets.

All of this raises the obvious question: what if these purchases signal a broader shift in the global economic landscape? Are central banks diversifying their assets to protect themselves from potential economic shocks and geopolitical instability? The increasing gold reserves may offer a safety net amidst uncertainty.