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Russia
2026-09-21 15:53:26

Russia says it would back a BRICS de-dollarization roadmap if China proposes one in 2027

Russian Deputy Foreign Minister Sergey Ryabkov said at a press conference that Moscow would support a de-dollarization roadmap if China puts one forward while serving as BRICS chair in 2027. Ryabkov also said China is working to build an internal BRICS environment that supports the free flow of technology and capital. He added that China could achieve a modern breakthrough in artificial intelligence, a development he said would lift the broader bloc. The remarks were cited by Watcher Guru and relayed by Techub News. No additional policy details, timeline beyond 2027, or specific measures tied to such a roadmap were disclosed in the source brief.

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Russia says it would back a BRICS de-dollarization roadmap if China proposes one in 2027
Dutch central
2026-09-06 02:50:01

European central banks shift gold holdings as the Dutch central bank moves 86 tonnes to London

The Dutch central bank said it moved 86 tonnes of gold from the United States and Canada to the Bank of England between March and August, citing rising geopolitical tensions and the need to keep reserves readily available in a crisis. The transfer covered part of the Netherlands’ 313 tonnes of gold stored in North America, valued at roughly €10 billion to €12 billion. The move follows similar steps by France and Germany. France has been repatriating part of its gold from New York between July 2025 and January 2026, while Germany completed a multi-year operation before 2016 that brought back more than 216 tonnes, including 111 tonnes from New York and 105 tonnes from Paris. Not all of the Dutch transfer involved physical shipment. About 59 tonnes were moved through offsetting sales in New York and purchases in London, while a little over 27 tonnes were physically transported. Market participants cited by the BBC said central banks are weighing liquidity, geopolitical risk, inflation, interest rates, storage diversification and domestic custody costs as they reconsider where gold should be held.

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European central banks shift gold holdings as the Dutch central bank moves 86 tonnes to London
gold
2026-08-12 00:09:51

CICC Says Gold Bull Market Isn't Over, Recommends Overweight

In a research note, CICC said the two narratives that had been suppressing gold prices are being invalidated. First, global liquidity is not in a real tightening cycle. Falling US inflation and slowing growth tilt the economic backdrop toward easier monetary policy. Warsh, in CICC's view, is "hawkish in words but dovish in deeds," and Federal Reserve reform could open room for future rate cuts. Second, de-dollarization has not ended. Warsh's balance-sheet reduction is seen as potentially helpful for restoring dollar credibility, but the policy faces heavy constraints from financial markets and politics, so the outlook for implementation is highly uncertain. At the same time, high debt, high deficits, and policy uncertainty may make the structural damage to the dollar's credibility difficult to reverse. The report also pointed to global central banks' net gold purchases rebounding to 289 tonnes in the second quarter, up 62% year over year and the highest for any second quarter on record, reflecting deep-rooted concerns about the dollar. Reserve diversification should keep supporting gold demand over the medium to long term. With ample liquidity and less upward pressure on real interest rates and the dollar, gold may regain support from dual drivers. CICC concluded the gold bull market is not finished, and the window for rebuilding positions after the earlier adjustment is open, recommending investors continue to overweight gold.

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CICC Says Gold Bull Market Isn't Over, Recommends Overweight