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Trump Team Brokers Gold Deal With Venezuela: Up To 1,000 Kg Headed To U.S. Markets
The agreement, first reported by Axios, involves the sale of between 650 and 1,000 kilograms of gold doré bars - which are semi-refined with approximately 98% gold content - from Venezuela's state-owned mining company, Minerven, to the global commodities trader Trafigura. The gold is destined for refineries in the United States, marking a shift in Venezuela's resource exports toward American markets. The deal, valued at roughly $163,000 per kilogram based on current gold prices amid global economic uncertainty, marks the third extraction contract overseen by the Trump administration since U.S. forces captured Maduro ... (full story)
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- Mar 5, 2026 10:49pm Posted byFundamental Analysis202
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