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The global de-dollarization trend has reached a critical point right now, with JPMorgan Chase reporting that US dollar reserves have fallen below 60 percent for the first time in two decades. As 71 countries de-dollarize their holdings, central banks are shifting toward gold at unprecedented rates, and this raises serious concerns about the future of American economic dominance. Also Read: JP Morgan UK Slowdown Signals De-Dollarization Explodes Globally 71 Countries De-Dollarize While Gold and JPMorgan Warnings Rise Source: goldavenue.com JPMorgan Issues Warning on Accelerating Shift The global de-dollarization trend shows up clearly in the numbers at the time of writing. Total holdings of dollar-denominated securities by central banks fell by $59 billion in 2024, and this decline has been accelerating. As of last year’s end, dollars made up just 57.8 percent of global reserves—the lowest since 1994 and a 7.3 percent decline over the past decade. In 2002, dollars accounted for ab...

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...

De-dollarization is rapidly accelerating across Asia as the US dollar weakens over 9% against major currencies right now. BRICS nations and also local currency initiatives are driving currency substitution efforts, fundamentally reshaping Asia’s financial landscape and challenging traditional dollar dominance at the time of writing. Source: TradingView Also Read: BRICS Currency Alliance Impact on Global Markets Understanding Asia’s Drive For Currency Substitution, BRICS Ties & Local Currency Gains Source: Asia Times De-Dollarization Timeline and Market Response The de-dollarization process began over a decade ago, but recent developments mark a significant acceleration right now. Bloomberg’s Stephen Chu explains the timeline and also the current market dynamics. USD share of FX reserves has fallen – Source: JP Morgan Chu stated: “This period actually has started. I’d say over 10 years ago, in 2014 when there’s this Russia and Crimea incident. A...