Venezuela's Gold Reserves Plunge Over 11% Amid Economic Challenges 📅 Published on: February 5, 2024 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 Signs of an Impending 2024 Recession, Says Citi's Top Economist READ MORE Powell Warns ‘The US Is on an Unsustainable Fiscal Path’ READ MORE US Mortgage Rates Dip Slightly to 6.63%, Offering Hope to Homebuyers READ MORE Central Banks Tread Cautiously in Final Stretch of Inflation Battle READ MORE Add a Comment Cancel replyYour email address will not be published.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
