BRICS Continues Stockpiling Gold in Massive Numbers: What It Means for You
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. At the forefront of this financial recalibration stand the BRICS nations—Brazil, Russia, India, China, and South Africa—resolutely increasing and stockpiling gold to anchor their economies. According to a new report from U.S. Global Investors, the nations known collectively as BRICS are piling into the precious metal and will continue to be “huge buyers.” The latest data from the World Gold Council further confirms this trend.
BRICS Nations: The Biggest Gold Buyers
BRICS was the biggest buyer of gold in 2025 as China, Russia, and India stockpiled the precious metal worth billions. China, in particular, has been a driving force behind this trend. As gold trades at historical highs, a new trend is emerging where the five largest BRICS nations (Brazil, Russia, India, China, and South Africa) are accumulating the precious metal at an accelerated pace.
Why Are BRICS Nations Stockpiling Gold?
As BRICS nations stockpile gold, Western investors are belatedly recognizing its value as a safe haven amid surging inflation. This strategic move is likely aimed at diversifying their reserves, reducing reliance on the US dollar, and increasing their economic independence. However, experts warn that this shift in global financial dynamics could have significant implications for Western economies.