With rampant discussion of a

Investment strategist Lyn Alden believes a gold-backed currency issued by BRICSled by Brazil, Russia, India, China and South Africawill fail to dethrone the U.S.

With rampant discussion of a BRICS gold-backed currency, one market analyst has shared why they believe. World One News Page: Wednesday

Why a BRICS Currency Won’t Replace the Dollar Anytime Soon

BRICS Gold-Backed Currency Will Fail, Says Analyst

BRICS Summit Preview: experts dismiss gold-backed common

BRICS: Gold Will Displace the U.S. Dollar, Says Top Analyst

Despite growing media hype

Creating a BRICS currency backed by gold makes no sense, says a former top Bank of America strategist. David Woo questioned what would be achieved by creating

Despite growing media hype, a BRICS currency isn’t realistic in the near term, as economic imbalances and U.S. dollar dependency persist among member nations. China

A gold-backed BRICS common currency is unlikely in the short term as it would require a synchronised monetary policy, experts say.

The World Gold Council reported

Gold-backed BRICS currency will be ‘very hard’ to deliver: Lyn Alden

The World Gold Council reported that China is the largest buyer of the precious metal followed by Russia, and India, among others. The massive accumulation led to

A BRICS currency backed by gold 'makes no sense whatsoever,'