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China, in particular, has acquired over 2,800 tons of gold in the last two years, and other BRICS countries have also significantly increased their gold reserves. Nieuwenhuis predicted that China's hidden purchases of gold could push prices higher, potentially creating a perfect storm in the coming years. At the current gold As of the second quarter of 2025, global gold reserves totaled 29,030 tons, with BRICS (excluding Iran and Ethiopia) holding 6,200 tons, or 21.4 percent of the world's The BRICS nationsBrazil, Russia, India, China, and South Africaare increasing gold reserves to reduce reliance on the US dollar. This shift is impacting global gold BRICS nation China is on a gold accumulation spree by stockpiling the precious metal in the country’s reserves. China has been on a gold-buying binge, and has now increased its gold reserves for seven months straight. Sybilla Gross reports for Bloomberg: China increased its China holds an estimated $3 trillion in foreign exchange reserves, making it vulnerable to international sanctions. Officially, China claims to hold approximately 2,300 tons

BRICS Gold Rush: China Leads Seven-Month Buying Spree - Over 2,076 Tons and Counting

The BRICS nations – Brazil, Russia, India, China, and South Africa – are strategically increasing their gold reserves, signaling a significant shift in the global financial landscape. This move aims to reduce reliance on the US dollar and establish greater economic independence. BRICS nation China is at the forefront of this trend, actively stockpiling the precious metal in its reserves. China has been on a gold-buying binge, and has now increased its gold reserves for seven months straight, accumulating a substantial amount of gold in a relatively short period.

China\'s Insatiable Appetite for Gold: A Deep Dive

Sybilla Gross of Bloomberg reports that China increased its gold reserves for the seventh consecutive month. While the exact figures fluctuate, industry analysts estimate that China\'s gold accumulation is substantial. Officially, China claims to hold approximately 2,300 tons of gold, but independent analyses suggest the actual figure could be significantly higher.

China, in particular, has acquired over 2,800 tons of gold in the last two years, and other BRICS countries have also significantly increased their gold reserves. This aggressive accumulation strategy is driven by a desire to diversify away from US dollar-denominated assets and hedge against potential economic vulnerabilities. China holds an estimated $3 trillion in foreign exchange reserves, making it vulnerable to international sanctions.

BRICS Gold Reserves: A Growing Force in the Global Market

The impact of BRICS\' gold accumulation on the global market is undeniable. As of the second quarter of 2025, global gold reserves totaled 29,030 tons, with BRICS (excluding Iran and Ethiopia) holding 6,200 tons, or 21.4 percent of the world\'s total. This concentration of gold within the BRICS nations strengthens their economic position and influences gold prices.

One analyst, Nieuwenhuis, predicted that China\'s hidden purchases of gold could push prices higher, potentially creating a perfect storm in the coming years. The increased demand from BRICS, coupled with geopolitical uncertainties, is expected to further support gold prices in the long term. This shift is impacting global gold markets, creating both opportunities and challenges for investors.

The Future of Gold and the BRICS Alliance

The trend of BRICS nations increasing their gold reserves is expected to continue, further reshaping the global financial order. As these countries seek greater economic autonomy and resilience, gold will likely play an increasingly important role in their strategies. Monitoring China\'s gold purchases and the overall BRICS gold accumulation will be crucial for understanding future market trends and investment opportunities.

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