In the first nine months of 2025, BRICS nations purchased 663 metric tonnes of gold valued at $91 billion, raising their total reserves to 6,026 tonnes. This surge is part of ongoing de-dollarization and was further accelerated by the launch of a gold-backed BRICS Unit on the Cardano blockchain for cross-border trade. The dollar's share of forex reserves declined to a three-decade low of 56.32%, reflecting shifting reserve strategies and increased use of gold in trade settlements among BRICS members.