off-the-wire

Venezuela gold reserves fell 11% in 2025

Kitco Media
By Reuters
Published:
Updated:
Reuters
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Venezuela gold reserves fell 11% last year to end 2025 at 47 tons, figures from the central bank seen by Reuters on Monday showed.

In 2024, the bank ended the year with 53 tons in reserves, a 13% fall from the year before.

The value of Venezuela’s gold reserves at end-December stood at $6.63 billion, with the average price of gold estimated by the central bank at $4,389.45 per troy ounce, a significant uptick from the year before amid high prices for gold worldwide.

The bank did not offer details about the reserves and did not immediately respond to a request for comment.

(Reporting by Reuters)

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