The physical gold holdings would

Russia Confirms BRICS is Creating a Currency Backed

Putin Confirms BRICS Developing Independent

The physical gold holdings would be recorded as assets on the balance sheet of the BRICS Bank and could be denominated as “BRICS gold,” with each unit representing

BRICS Gold-Backed Common Currency A Shock To Global Fiat

Russia, other BRICS nations planning new gold-backed

Russia Announces Return to the Gold Standard - Birch

What Happened

Russia Confirms BRICS Will Create A Gold-Backed Currency

What Happened: Brazil, Russia, India, China and South Africa, a coalition of nations going by the moniker BRICS, is set to introduce a new currency backed by gold