With the price of gold steadily increasing, Portugal’s reserve held by its central bank, is worth around €33 billion. The Bank of Portugal has around 383 tonnes of gold. Between 2020 and 2023, the value of the gold fluctuated around the €20 billion mark, but from 2024 onwards, it has skyrocketed. In March, it jumped to €25 billion, and in October, it rose to over €31 billion, writes Lusa. The origins of this gold however are not quite so glittering.
Portugal’s gold reserve worth more than €33 billion
