While BRICS focuses primarily on gold for its new "Unit" payment system, discussions within the bloc highlight silver's growing strategic role in reserve diversification. Russia has quietly incorporated silver into its strategic reserves basket, signaling a broader approach to monetary metals. Analysts note that silver's industrial applications and lower cost make it an attractive complement to gold in de-dollarization efforts. Emerging reports suggest other BRICS nations may follow suit amid ongoing multipolar financial shifts. This trend underscores silver's potential in enhancing financial sovereignty for the Global South.
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