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Venezuela's $4.8B Gold Held by UK After Maduro's Arrest
The UK government has indicated it will continue to block the return of Venezuela's $4.8 billion in gold reserves, even after the dramatic arrest of the country's autocratic ruler, Nicolas Maduro. Speaking to lawmakers, Foreign Secretary Yvette Cooper suggested London would not recognize the new leadership in Caracas, meaning the Bank of England will likely maintain its hold on the nation's gold. The Bank of England has stored 31 metric tons of Venezuelan gold in its London vaults since 2008. The ownership of these reserves has been the subject of a fierce legal dispute since 2020. The conflict began when the ... (full story)
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From e.vnexpress.net | Jan 7, 2026
Venezuela transported 113 metric tons of gold to Switzerland from 2013 to 2016, according to customs data reviewed by Reuters. The gold originated from Venezuela's central bank, Swiss broadcaster SRF said, at a time when the government was selling down gold to support its economy. The gold was worth almost 4.14 billion Swiss francs (US$5.20 billion) and ...
I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America. This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States! I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States. Thank you for your attention to this matter! DONALD J. TRUMPPRESIDENT OF THE UNITED STATES OF AMERICA
From finance.yahoo.com | Jan 6, 2026
Gold edged higher as traders looked beyond tensions in Venezuela toward a busy lineup of economic data in the US. Silver rose for a third day. Spot gold climbed to near $4,450 an ounce, after rising 2.7% in the previous session following the capture of Venezuelan leader Nicolás Maduro. Uncertainty hangs over governance of the South American nation after ...
