Analysts Warn De-Dollarization May Send Gold Prices to Record Highs
The relationship between de-dollarization and gold price has become increasingly clear as nations worldwide reduce their reliance on the US dollar. At the time of writing, gold has reached unprecedented levels, and the effect of de-dollarization is visible across global markets. On September 23, 2025, gold hit an all-time high of $3,788.33 per ounce, driven largely by rapid de-dollarization efforts and BRICS countries’ de-dollarization strategies. Right now, central banks have accumulated 244 metric tons of gold in the first quarter of 2025 alone—well above the five-year quarterly average—while the dollar’s share of global reserves has been pushed below 47% and gold’s portion has climbed toward 20%. Also Read: BRICS Dollar Devaluation Path Strengthens With New Payment Systems The Effect of De-Dollarization, BRICS Role, and Gold Price ATH Source: Pixabay BRICS Nations Drive Policy Shift Away From Dollar BRICS countries have moved their de-dollarization process beyond di...