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Gold Policy: AGN Noted BCRA Losses of US$1023 Million and the Government Questions Its Interpretation

Summary by La Nacion
The entity questioned coverage operations of 2025; an official source with direct knowledge maintained that the result should be read along with the profits from the international metal rise

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The entity questioned coverage operations of 2025; an official source with direct knowledge maintained that the result should be read along with the profits from the international metal rise

·Vicente López, Argentina
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The General Audit of the Nation (AGN) released the conclusions regarding the revision of the accounting statements of the Central Bank of the Argentine Republic (BCRA) for the year 2025, warning that the monetary authority recorded a loss greater than US$1 billion due to an alleged error of calculation in financial transactions with [...]

It was reported by the president of the state agency, Juan Manuel Olmos, at a conference. From the Central Bank they denied it and issued a statement.

Source: Diario Popular The agency pointed out that the entity “failed in calculating” with speculation about international value. It also referred to the transfer of metal abroad. The General Audit of the Nation (AGN) published a report on the Central Bank of the Argentine Republic (BCRA) and noted that, in 2025, [...] The entry According to the AGN, the Central Bank lost US$1 billion for the price of gold was first published in Diario San Rafae…

The agency questioned coverage operations of 2025, but the Central reported a net gain of US$2505 million.

According to the General Audit of the Nation (AGN), derivatives transactions, which took part of the gold from the reserves as backup, were paid with currency of the entity.

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La Crítica broke the news on Thursday, October 8, 2026.
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