Venezuela Holds 161 Metric Tons of Gold Reserves Worth $22 Billion
The nation leads Latin America in gold holdings, with reserves valued at $4,300 per troy ounce.
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Terms & Concepts
- Troy ounce: A unit of measure for precious metals equal to about 31.1 grams, commonly used in global gold pricing.
- Gold reserves: A state's holdings of physical gold, often stored by central banks to back currency value or as strategic assets.