Brics Gold Bet Paying Off As Trump Tariffs Drive Value Sky High

Last updated: June 9, 2025, 23:46

Brics Gold Bet Paying Off As Trump Tariffs Drive Value Sky High

Trump posted his warning to

Trump's Tariffs:BRICSvs. G7 Nations Trade Impact

Trumprepeatstariffsthreat to dissuadeBRICSnations from

Trump posted his warning to the BRICS as Canada and Mexico await for his decision to follow through on a pledge to impose 25% tariffs on the United States' North

US President

US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar. The idea that the

Gold pulls back at the start of the trading week after President-elect Donald Trump threatened to raise 100% tariffs on the BRICS trading bloc of nations if they go ahead

Goldlower afterTrumpdefends Dollar, threatensBRICSwithtariffs

For much of

TheBRICS BetOnGoldIsPaying Off! - cointribune.com

Trumpthreatens 100%tariffonBricnations - BBC News

For much of 2025, the BRICS alliance saw its various central banks embracing gold and investing heavily in the asset. Now, that appears to be paying off in a big

Gold rose to a record

Trumpthreatens 100%tariffonBRICScountries if they pursue

BRICS Gold Bet Paying Off as Trump Tariffs Drive Value Sky-High

Gold rose to a record after United States President Donald Trump said he would announce tariffs on steel and aluminum imports Monday, adding to increasing

In

President-elect Donald Trump has warned BRICS nations that he will impose 100% tariffs if they try to create a currency that challenges the U.S. dollar's dominance.

In 2025, the BRICS have massively accumulated the precious metal, anticipating a tightening of American trade policies. A bet that is proving profitable, as the new

President-elect Donald Trump said he would require countries that are part of BRICSa China- and Russia-backed group of emerging economiesto commit to not

The Trump tariff strategy appears

The Trump tariff strategy appears deliberately targeted at BRICS nations, with explicit threats of 100% tariffs should these countries challenge US dollar dominance. The

Trump's TariffThreat: A Warning toBRICSand Its Impact onGold

Goldrises to recordhigh as Trumpthreatens steeltariffs