BRICS: Central Banks Ditching US Dollar, Buying More Gold. The Central Banks of BRICS and other developing countries are on a gold-buying spree while simultaneously offloading the US dollar from their reserves. In 2024 alone, BRICS member China offloaded $53.3 billion worth of US Treasury bonds and accumulated billions worth of gold. As we enter the golden era with BRICS countries increasing their purchases continuously and central banks selling U.S. Treasuries to buy gold. No country and no Central Bank will in the future hold dollars as a reserve asset. Physical gold is the only proper reserve asset, just as it has been throughout history. And for buying gold with transparency, u can visit brilliant cut. #916coin | #916thaali |#goldvanki | #weddingjewellery | #chennaiweddingjewellery |#chennaigoldjewellery | #goldjewellery | #chennaibride | #templejewellery | #goldvanki | #chennaiweddingjewellery | #templejewellery | #antiquejewellery | #bestgoldshopinchennai | #brilliantcut | #solitairechennai | #buygoldjewellery | #916goldinchennai | #engagementrings | #buydiamondring | #diamondearrings |