Key Points After a four-year pause, Brazil’s central bank bought 42.8 tons of gold in Sep–Nov 2025, lifting holdings 33% to 172.4 tons. The market value of Brazil’s gold nearly doubled in 2025: about US$11.7 billion in January to US$23.3 billion in November, as prices surged. Gold is still only around 6.5% of Brazil’s US$360.6 […]