menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Bitcoin News

>

Gold Reser...
source image

Bitcoinsensus

2w

read

47

img
dot

Image Credit: Bitcoinsensus

Gold Reserves Surge as BRICS Nations Push for De-Dollarization

  • The BRICS summit focused on reducing dependence on the U.S. Dollar, with discussions on alternative payment options and the establishment of a BRICS Grain Exchange.
  • BRICS nations, led by China and India, have surpassed the G7 in global GDP at purchasing power parity, highlighting their growing economic influence.
  • Gold reserves have reached a 30-year high, driven by BRICS nations, signaling potential shifts in global monetary influence.
  • While the BRICS nations are making strides towards de-dollarization, the U.S. dollar's position is unlikely to weaken abruptly.

Read Full Article

like

2 Likes

For uninterrupted reading, download the app