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 Silver to see second-highest deficit in 20 years, as record industrial demand rises 9% in 2024 – Silver Institute’s World Silver Survey READ MORE Gold bulls eye more record highs despite lightning gains READ MORE Dollar's Dominance Under Scrutiny: Morgan Stanley's Perspective READ MORE Price Inflation Accelerates for Second Month as Biden Blames “Greed” READ MORE Oil Prices Tread Water as Market Anticipates US InflationInsights READ MORE Add a Comment Cancel replyYour email address will not be published.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
