11
Nov
New Delhi (Rajeev Sharma): Central Banks of 3 key BRICS nations, Brazil, Russia, and China, collectively acquired nearly 20 tons of gold in September 2025, valued at approximately $2.54 billion, amidst the metal's historic price surge. The purchases occurred as gold (XAU/USD) approached the $3,900 mark, with prices later soaring past $4,000 in October, reaching an all-time high of $4,381 before settling near $4,010 this month. Brazil led with 15 tons, while Russia and China purchased 3 tons and 2 tons, respectively.India also increased its gold holdings in October, further diversifying its central bank reserves. The BRICS bloc has been…
