In 2022, the Bank of Cabo Verde (BCV) reported the sale of half its gold reserves, which amounted to EUR 27.4 (US$30.6) million . According to the BCV’s annual report, the gold market experienced consistent devaluation from April to October 2022, with gold prices falling to 1,633.56 US dollars per troy ounce. In 2021, BCV’s […]
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