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 Gold hits record highs on safe-haven demand, US rate cut bets READ MORE BOJ preparing to end negative interest rate policy at March meeting, Jiji reports READ MORE Speech – Welcoming Remarks on the International Role READ MORE S&P Global Survey Shows US Business Activity Picks Up in January as Inflation Cools READ MORE Add a Comment Cancel replyYour email address will not be published.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