The BRICS and Gold: A Winning Strategic Bet

The year 2024 saw a rise in the power of the gold reserves of the BRICS, with a collective accumulation of 4,800 tons of the precious metal.

Gold is no longer a safe haven; it has become an instrument of economic power. In 2024, the BRICS massively accumulated the precious metal, anticipating a tightening of American trade policies. A bet that paid off, as the new tariff increases announced by Donald Trump triggered a historic surge in the gold price. As the trade war deepens, the yellow metal is emerging as the monetary weapon of emerging powers against dollar hegemony.

The BRICS and Gold: A Winning Strategic Bet

The year 2024 saw a rise in the power of the BRICS gold reserves, with a collective accumulation of 4,800 tons of the precious metal.

This strategy was part of a de-dollarization dynamic, aiming to reduce the economic dependence of these nations on the greenback. The initiative, viewed with skepticism by some analysts, took on a whole new dimension following the announcements from Washington.

In March 2025, Donald Trump confirmed the application of customs tariffs that could reach 150% on several countries, including BRICS nations, due to their trade policies deemed hostile to American interests.

This decision generated massive uncertainty in the financial markets, prompting many investors to turn to gold. Thus, the price of the precious metal has soared 14% since the beginning of the year.

Several factors explain the success of the BRICS strategy:

• The Trump administration's economic aggression inadvertently accelerated the BRICS' monetary diversification movement, which now sees its gold stock becoming a major strategic asset.

Towards a New Monetary Order? The BRICS Accelerate De-dollarization

If the accumulation of gold by the BRICS has so far been viewed as a precautionary measure, the recent tariff increases could accelerate a more radical shift.

Furthermore, advanced discussions are taking place regarding the creation of a gold-backed stablecoin, which would serve as a new alternative for dollar transactions.

Such a project would allow emerging economies to escape American sanctions and develop a financial system independent of Washington's control.

Gold remains the only currency that does not depend on any central bank and whose value is dictated by no government. This initiative, if realized, could weaken the hegemony of the dollar and pave the way for a multipolar monetary system.

The surge in gold prices is not a conjunctural phenomenon. It marks a paradigm shift, where the BRICS nations, far from being affected by American economic pressure, could actually derive a strategic advantage from it. While the Trump administration seeks to tighten its control over the global economy, it could, paradoxically, accelerate the decline of the dollar as the sole international reserve currency.