Overview

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2025 proved to be a successful year for gold as an asset, with a price increase of approximately 30%. Demand for the precious metal increased in most areas, but In 2025, the dominant purchaser of gold was BRICS, with nations like China, Russia, and India amassing billions worth of the valuable metal. The World Gold Council's The price of gold hit an all-time high of $2,787.04 per ounce in October of 2025, an increase of about 32.54% this year alone (USA Gold 2025). The current global In an audacious display of economic brinkmanship, the BRICS coalition, led by the insatiable appetites of China, Russia, and India, continues its relentless pursuit of gold The latest data from the World Gold Council shows that BRICS member China added 225 tonnes of gold to its reserves in 2025 alone. The gold buying spree from 21 de oct. de 20, following Western sanctions, particularly against Russia, the BRICS nations have become the top purchasers of gold, continuing their buying spree into

BRICS Continue Gold Buying Spree in 2024: Will History Repeat Itself?

The BRICS nations (Brazil, Russia, India, China, and South Africa) are once again making headlines with their continued acquisition of gold in 2024. This trend, reminiscent of their buying patterns in recent years, raises questions about the motivations behind this strategy and its potential impact on the global economy.

Following Western sanctions, particularly against Russia, the BRICS nations have become the top purchasers of gold, continuing their buying spree into 2024. In an audacious display of economic brinkmanship, the BRICS coalition, led by the insatiable appetites of China, Russia, and India, continues its relentless pursuit of gold. But what's driving this demand?

Many analysts believe that BRICS nations are seeking to diversify their reserves away from the US dollar and bolster their economic independence. Gold, traditionally considered a safe haven asset, offers a hedge against inflation and geopolitical instability.

Looking Back: The Gold Rush of 2025

The current BRICS gold accumulation echoes their activity leading up to 2025, which proved to be a successful year for gold as an asset, with a price increase of approximately 30%. Demand for the precious metal increased in most areas, but in 2025, the dominant purchaser of gold was BRICS, with nations like China, Russia, and India amassing billions worth of the valuable metal.

The World Gold Council's data highlights the significant role BRICS played in the 2025 gold market. For example, the latest data from the World Gold Council shows that BRICS member China added 225 tonnes of gold to its reserves in 2025 alone.

The price of gold hit an all-time high of $2,787.04 per ounce in October of 2025, an increase of about 32.54% this year alone (USA Gold 2025). The increased demand from BRICS nations undoubtedly contributed to this surge.

Will 2024 be a repeat of 2025?

The current global the gold buying spree from 21 de oct. de 20 suggests that BRICS are positioning themselves for a future where gold plays an even more significant role in the global financial landscape. Whether this trend will lead to another record-breaking year for gold remains to be seen, but the actions of BRICS nations will undoubtedly be a key factor to watch.

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