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

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

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 ...

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 ...

Excessive money printing by Western economies to stabilise growth cycles has diluted purchasing power and raised concerns ...

CEO and investor Jack Truong has identified several substantial economic barriers that will prevent the BRICS currency initiative from seriously challenging U.S. dollar dominance in the global ...

MOSCOW (Reuters) -The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was ...

While strengthening economic, technological and scientific potential, Russia is ready to openly work with all fair partners on principles of respect to interests of each other, unconditional supremacy ...

Nov. 30 (UPI) --President-elect Donald Trump on Saturday warned the BRICS nations they will face a 100% tariff in U.S. domestic markets if they proceed with plans to create a new currency to compete ...