By bnm Gulf bureau BRICS nations and strategically allied states collectively hold approximately 50% of global gold production despite official reserves representing around 20% of the global total, as ...

BRICS nations are shifting away from reliance on the US dollar to gold, now holding approximately 50% of global gold ...

Gold’s enduring role as a store of value and hedge against currency risk makes it a natural choice for countries seeking greater financial independence., Personal Finance, Times Now ...

The ambassador noted that the issue of expanding membership was not discussed during Brazil’s presidency of the bloc, as the ...

Russia and China lead the way in gold purchases. In 2024, China produced 380 tons of gold, while Russia produced 340 tons. In ...

BRICS transitions from Brazil to India, emphasizing sustainability and cooperation amid global challenges and ambitious ...

The international financial architecture is shifting from the dollar to a multicurrency model that is, mostly, backed by gold ...

India will lead BRICS next year amidst the competing interests of its members, global ambitions, and US pressure, with a ...

Backed by gold and a basket of member currencies, the UNIT is designed to reduce reliance on the US dollar, but major hurdles remain.

We have now entered, I believe, the second stage of expansion. I will not speculate here about when, who, and in what ...

By rotational procedures and consensus adopted in Brazil in December, India has taken over the BRICS+ presidency for 2026, underscoring ...

India is set to assume the chair of BRICS next year, taking the helm of an expanded bloc at a sensitive geopolitical juncture – one marked by competing interests, rising global ambitions and pressure ...