Venezuela's Gold Reserves Drop by Nearly 12% in Six Months

Venezuela's Gold Reserves Drop by Nearly 12% in Six Months
Photo by Jingming Pan on Unsplash

Venezuela’s gold reserves fell by eight metric tons in the year’s first half, central bank data showed on Friday, continuing a years-long reduction in the reserves amid a prolonged economic crisis.

The drop in the first six months of 2023 brought the central bank’s total reserves to 61 tons, down from 69 tons in December 2022.

Read More : Venezuela’s Gold Reserves Drop by Nearly 12% in Six Months