According to data from the World Gold Council, the BRICS countries purchased 663 tons of gold in the first nine months of 2025, valued at $91 billion, increasing their total gold reserves to 6026 tons. Despite gold prices reaching a historic high of $4381 per ounce in October, this accumulation (part of the efforts to de-dollarize) continues. The BRICS countries plan to launch a gold-backed 'BRICS Unit' on the Cardano blockchain in November 2025, with 40% of its assets linked to gold and 60% linked to the currencies of member countries, aimed at facilitating cross-border trade. The share of the dollar in global foreign exchange reserves fell to 56.32% in the second quarter of 2025, hitting a new low in thirty years.