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Bank of Portugal rules out reduction of gold reservesPhoto by franky1st on Pexels
Politics

Bank of Portugal rules out reduction of gold reserves

Público13 September 2026 at 06:00

The Bank of Portugal ruled out any possibility of reducing its gold reserves, maintaining the current policy for managing these assets. The Portuguese supervisor has no planned gold sales.

The Bank of Portugal's gold reserves were valued at 45 billion euros in December. This value represents a significant part of the Portuguese central bank's assets.

The decision to maintain gold reserves comes in a context where some international central banks have been adjusting their positions in this precious metal, either through sales or acquisitions.

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This is our short summary of a report published by Público on 13 September 2026 at 06:00; the full text stays with the publisher. In our feed it sits under Politics. We currently carry 28794 items in that section.

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