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 China’s gold market in March: official gold reserves rose further, wholesale demand fell slightly READ MORE S&P 500 Hits 20th Record This Year in Risk-On Push: Markets Wrap READ MORE Consumer Confidence Dips: Retail Sales See Unexpected Decline in January READ MORE Tax Season and Rising Debt Costs Push U.S. February DeficitWider READ MORE LBMA: 2024 Precious Metals Analysts' Forecasts READ MORE Add a Comment Cancel replyYour email address will not be published.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