Venezuela's Gold Reserves Plunge Over 11% Amid Economic Challenges In 2023, Venezuela’s central bank reported an 11.5% decline in its gold reserves, totaling 61 metric tons, a decrease reflected in the reserves’ value, which dropped to $3.8 billion, $71 million less than the previous year. The central bank, without specifying causes for this decline in its announcement, noted the average gold price on its balance sheet for the latter half of 2023 was $1,959.62 per troy ounce, compared to $1,775.02 the year prior. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Currency Watch: Dollar Rises, Eyes Set on Upcoming U.S. Inflation Insights READ MORE Fed's Hesitation on Rate Cuts Sends Oil Markets Downward READ MORE Why Buy Silver? 10 Reasons to Invest in Silver (w/ Charts) READ MORE Gold's Chart Tells a Bullish Tale, Yet Investor Confidence Remains Shaky READ MORE World Gold Council: Central Bank Gold Statistics READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment