Pierre Henri

Where are Argentina’s gold reserves? Central Bank won’t say

buenosairesherald.com

Where are Argentina's gold reserves? Central Bank won't say - Buenos Aires Herald

This story was originally published in Ámbito. It has been slightly edited for clarity.
On September 2, 2024, the Argentine Central Bank attempted to end weeks of rumors that the country’s gold reserves had been shipped abroad by announcing that they had successfully completed “transfers of part of its gold reserves to its various accounts.” In the final section of the press release, the entity stated that the national audit office (known as AGN) had the information required to write the corresponding reports.
However, just over a year later, and after several information requests made by the AGN regarding the gold’s location, yield, and transportation costs, the country’s highest monetary authority has provided no answers. Quite the opposite in fact: sources within the AGN told Herald sister publication Ámbito that the bank, known in Spanish as BCRA, has obstructed access to the required documents.
“They’re hiding something, and no one knows why,” they stated. The matter is now in …

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