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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.