Trump Can’t Stop This: BRICS Buys 60,000 Ounces of Gold To Hammer USD
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最新报道：China has increased its gold reserves for the tenth consecutive month, purchasing 60,000 ounces in August worth $215 million, bringing total holdings to 74.02 million ounces valued at $253.84 billion, or 7.64% of its foreign exchange reserves. This move is part of a broader BRICS strategy to diversify away from the US dollar amid geopolitical tensions, with central banks in the bloc increasing gold purchases fivefold since Russia's invasion of Ukraine. The trend has boosted gold prices, with XAU/USD reaching $3,650, up 0.65% in a day, fueling speculation that BRICS may back a new currency with gold.
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