BRICS+ nations now hold 17.4% of global gold reserves, up from 11.2% in 2019. Combined holdings exceed 6,000 tonnes | • The dollar’s share of global foreign exchange reserves fell to roughly 57% by Q4 2025, its lowest level since 1994, according to IMF data.
https://www.ebc.com/forex/brics-gold-reserves-hit-17-4-as-the-dollars-share-keeps-falling
Posted by tcodo
3 Comments
With Russia’s gold sales at their [highest level since 2002](https://www.themoscowtimes.com/2026/03/23/russias-gold-sales-hit-highest-level-since-2002-as-budget-pressures-mount-a92315) in a desperate attempt to fund their war with Ukraine and keep their economy from collapsing.
There is always this debate about how much gold China owns. Many estimate that the gold reserves of China is under-reported, and the estimates vary wildly. They are the largest producers of gold for many years, they are among the largest importers of gold.
[https://goldbroker.com/news/china-owns-lot-more-gold-than-its-letting-on-2281](https://goldbroker.com/news/china-owns-lot-more-gold-than-its-letting-on-2281)
With France selling off all their gold in america and buying gold in europe instead, I hope the rest of the BRICS and european countries follow suit.