8.15.25 - Central Banks buy 166 tons of Gold

8.15.25 - Central Banks buy 166 tons of Gold

Gold last traded at $3,336 an ounce. Silver at $38.00 an ounce.

Central Banks Buy 166t Gold as BRICS Pushes De-Dollarization Forward -Watcher.Guru

BRICS de-dollarization efforts are actually accelerating right now as central banks purchased 166 tonnes of gold in Q2 2025, and this marks a 41% increase above what we normally see. This surge in central banks gold buying reflects growing momentum toward alternatives to dollar-dominated reserves, along with member nations seeking more financial independence. The BRICS US dollar reserves decline comes as discussions about when will BRICS currency be released intensify, with the BRICS currency 2026 timeline gaining real traction among emerging economies.

Central banks gold accumulation strategies have revolutionized unprecedented levels during Q2 2025. This was engineered by emerging market authorities who are diversifying away from dollar assets through several key approaches right now. The World Gold Council reported that these institutional demand patterns actually differ from retail flows across various major market segments, remaining persistent and price-insensitive across numerous significant market conditions and economic cycles.

Jeff Quartermaine, CEO of Perseus Mining, stated:

“Gold isn’t just a hedge, it’s insurance against the fragility of the global monetary system.