BRICS To Establish Their Own Precious Metals Exchange at 2025 Summit?
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币界网报道：BRICS plans to launch its own precious metals exchange during the 2025 summit in Kazan, Russia, as part of efforts to reduce reliance on Western financial systems. The initiative aims to create an alternative trading platform for gold and other precious metals, challenging traditional markets dominated by London and New York. This move aligns with the bloc's broader strategy to de-dollarize trade and strengthen economic cooperation among member nations. The exchange is expected to enhance price transparency and provide more accessible trading options for BRICS countries and their partners.
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