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 Gold Set for a Great 2024, with Silver to Shine Even Brighter: UBS Insights READ MORE Silver Surges: Anticipation of Rate Cuts Sparks 4% Price Jump in a Week READ MORE Half of Americans Feel the Pinch: Personal Finances Worsen Since 2020 Despite Inflation Easing READ MORE Concerns Arise Over CPI Data Accuracy with Response Rates Lagging READ MORE Add a Comment Cancel replyYour email address will not be published.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