Portugal Immigration focus on Portugal: Currently, the vaults of the Central Bank of Portugal hold 382.5 tons of gold, with a market value of approximately 13.2 billion euros, an increase of 1.4 billion over last year's market price, representing an appreciation of 11.7%.
Due to the complex changes in the recent international situation and low interest rate expectations, the market price of gold has been rising. Since 2006, the Central Bank of Portugal has not conducted any gold trading, and these gold reserves cannot be used to offset national debt. The Portuguese government cannot buy or sell this gold at will; all trading operations must be decided by the central bank.
In terms of weight, Portugal ranks 15th in the global gold reserves ranking, holding more than the United Kingdom, Saudi Arabia, Spain, and Belgium, and is second only to the European Central Bank.
