Venezuela currently holds 161 metric tons of gold reserves.
161 metric tons are equivalent to approximately 5.18 million troy ounces, with an estimated value of around $22 billion at a gold price of $4,300 per ounce.
This makes Venezuela the leading Latin American country in terms of gold holdings.
Every $100 increase in the price of gold adds roughly $518 million to the value of these reserves.
Control over Venezuela is expected to generate hundreds of billions of dollars in revenues.
161 metric tons are equivalent to approximately 5.18 million troy ounces, with an estimated value of around $22 billion at a gold price of $4,300 per ounce.
This makes Venezuela the leading Latin American country in terms of gold holdings.
Every $100 increase in the price of gold adds roughly $518 million to the value of these reserves.
Control over Venezuela is expected to generate hundreds of billions of dollars in revenues.
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