Bolivia Gold Reserves Drop Despite Purchases; BCB Reports Partial Recovery

Bolivia's gold reserves fell from 43.05 to 23.5 tons between April 2023 and April 2026 despite domestic purchases of 38.2 tons, according to Fundación Jubileo. After accounting for future delivery commitments, only 16.9 tons remained, though the central bank reported a recovery to 24.3 tons in August. The discrepancy raises questions about reserve management and Bolivia's financial stability.