Bolivia's Ambitious Gold Trading Venture Aims for $1 Billion in Purchases This Year

In a strategic move to boost its economy and capitalize on the rising global demand for gold, Bolivia has launched a state-controlled gold trading entity. This new initiative, spearheaded by the Bolivian government, is set to target a phenomenal $1 billion in gold purchases by the end of this fiscal year. The establishment of the state gold trader is viewed as a significant step towards enhancing national revenue while fortifying the country’s position within the competitive global gold market.

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