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 CNBC’s February Inflation Breakdown READ MORE Mortgage Markets Shudder as Interest Rates Soar Past 7% READ MORE The Great American Housing Squeeze: Construction Costs Out of Reach for Most READ MORE Could the Chinese Yuan Overtake the US Dollar? READ MORE Add a Comment Cancel replyYour email address will not be published.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