The BRICS Bet On Gold Is Paying Off!

Gold is no longer just a safe haven. It has become an instrument of economic power. In 2024, the BRICS have massively accumulated the precious metal, anticipating a tightening of American trade policies. A bet that is proving profitable, as the new tariff increases announced by Donald Trump have triggered a historic surge in the price of gold. As the trade war intensifies, the yellow metal is asserting itself as the monetary weapon of emerging powers against the dominance of the dollar.

The BRICS and Gold: A Winning Strategic Bet

The year 2024 saw a rise in the power of the gold reserves of the BRICS, with a collective accumulation of 4,800 tons of the precious metal.

This strategy is part of a de-dollarization dynamic, aimed at reducing the economic dependence of these nations on the greenback. The initiative was met with skepticism by some analysts, but it made perfect sense after the announcements from Washington.

In March 2025, Donald Trump confirmed the application of customs tariffs that could reach 150% on several countries, including BRICS nations, due to their trade policies deemed hostile to American interests.

This decision generated massive uncertainty in the financial markets, prompting many investors to turn to gold. Thus, the price of the precious metal has jumped 14% since the beginning of the year.

The reasons for the success of the BRICS strategy rest on several factors:

• Anticipation of economic tensions: as early as 2024, the BRICS strengthened their gold reserves, anticipating the consequences of a possible protectionist escalation from the United States;
• A safe haven asset in times of uncertainty: market volatility and fears related to trade tensions pushed investors to prefer gold, further boosting its value;
• An alternative to dollar dominance: by diversifying their reserves, the BRICS reduce their dependence on the greenback and strengthen their financial autonomy;
• A geopolitical leverage effect: in the face of American sanctions, having large gold reserves allows the BRICS to negotiate with more weight on the international stage.

Thanks to adopting an aggressive economic stance, the Trump administration inadvertently accelerated the BRICS’ monetary diversification movement, which now sees its gold stock becoming a major strategic asset.

Towards a New Monetary Order? The BRICS Accelerate De-dollarization

If the accumulation of gold by the BRICS has so far been viewed as a mere precautionary measure, the recent tariff increases could accelerate a more radical shift.

Moreover, advanced discussions are taking place regarding the creation of a gold-backed stablecoin, which would serve as a new alternative for dollar transactions.

Such a project would allow emerging economies to escape American sanctions and develop a financial system independent of Washington’s control.

Gold remains the only currency that does not depend on any central bank and whose value is dictated by no government. This initiative, if realized, could weaken the hegemony of the dollar and pave the way for a multipolar monetary system.

The rise in gold prices thus goes beyond a mere conjunctural phenomenon. It reflects a paradigm shift, where the BRICS nations, far from being affected by American economic pressure, could actually derive a strategic advantage from it. While the Trump administration seeks to tighten its control over the global economy, it could, paradoxically, accelerate the decline of the dollar as the sole international reserve currency.