BRICS+ Nations Now Hold Over 6,000 Tons Of Gold

BRICS+ bloc nations would hold more than 6000 tons of gold, or 17.4% of official global reserves, according to an assessment by EBC Financial Group. China and Russia might concentrate about three-quarters of this stock. In a separate analysis, UBS projects the ounce to reach 5200 dollars by June 2027. These figures explain the growing interest in the yellow metal, however, they do not allow for a direct relationship to be established between BR…