Can Africa Turn the Gold Price Surge and De-Dollarization Drive into an Advantage?
22:32 28.10.2025 (Updated: 22:44 28.10.2025)
© telegram sputnik_africa
/ Subscribe
Can Africa Turn the Gold Price Surge and De-Dollarization Drive into an Advantage?
Investors fuel a gold rally amid renewed US–China trade friction and wider geopolitical tension, echoing the BRICS effort to build a more independent payment system.
"The advantage and why people may feel a sense of sovereignty is going to accrue from going back to the gold standard is precisely the fact that you will not have a country like the US whose currency is serving as the international reserve currency that can hold other countries hostage by either seizing your holdings in dollars or hiking through their abrupt economic behavior."
#AfricanCurrents interviewed Prof. Kalu Ojah, Wits Professor Emeritus of Financial Economics at the University of Pretoria’s Gordon Institute of Business Science, on how rising gold prices could shape African countries’ reserve strategies.
Dive in to find out what the gold boom means for Africa’s future!
▶ Tune in to the full interview via:
Apple Podcasts | Afripods | Deezer | Pocket Casts | Podcast Addict | Spotify
Subscribe to @sputnik_africa
