Why do countries hold gold reserves? still

Season 5 · Episode 108

Why do countries hold gold reserves?

  • Release date
  • July 9, 2026
  • Runtime
  • 4 min

Around 30 tonnes of Venezuelan gold remain frozen at the Bank of England under sanctions. Venezuelan authorities say they want to use the assets for earthquake relief and reconstruction. Beyond this case, why do many countries maintain large gold reserves, and what role do they play?

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