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Do record gold prices open the door for BRICS+ dedollarisation?

Quoted: The demand of BRICS+ central banks for gold is "undeniably a significant factor" contributing to higher prices, says Mihaela Papa, director of research and a principal research scientist at CIS. That demand is coming together with other factors that make gold more attractive as a safe-haven asset, including rising geopolitical risk, fluchuations in US interest rates, and concerns about inflation, she says.
September 09, 2024
The Africa Report
Author
David Whitehouse
Do record gold prices open the door for BRICS+ dedollarisation?

BRICS Officials

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