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Fresh reports of shipment of Argentine gold abroad – MercoPress

Fresh reports of shipment of Argentine gold abroad – MercoPress

New Shipment of Argentine Gold Abroad Reported

Monday, August 19th 2024 – 23:07 UTC

It was the third such shipment under President Milei

A video of an armored truck carrying 1500 gold bars from Argentina’s Central Bank to Ezeiza International Airport went viral. The shipment, worth around US$250 million, was presumed to have left for London. Economy Minister Luis Toto Caputo deemed it a positive move to maximize returns on assets. Opposition lawmakers demanded explanations on the transfer of gold assets abroad, criticizing the lack of transparency from President Milei’s administration.

Congressman Sergio Palazzo raised concerns about the secrecy surrounding the gold shipment. The government’s refusal to disclose information fueled suspicion. The move to send gold abroad without clear intentions raised questions about the government’s motives and lack of transparency with its citizens.



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