BRICS Ditches $ for Gold, Bloc Now Controls 50% of Global Supply.

BRICS ditches dollar for gold as the alliance controls roughly 50% of global production right now through combined output from member and also aligned nations. Russia and China have spearheaded the accumulation drive across various major emerging economies, with Beijing producing 380 tonnes in 2024 and Moscow contributing 340 tonnes, as both actually systematically diversify away from $ assets.

Combined production from BRICS and aligned nations, including China, Russia, Brazil, South Africa, Kazakhstan, Iran, and even Uzbekistan accounts for approximately 50% of global output.