Venezuela to sell 15 tonnes of gold to the United Arab Emirates in coming days

Reuters report on Venezuela selling gold, citing a senior official with knowledge of the plan

  • Venezuela to sell 15 tonnes of gold to the United Arab Emirates
  • in return for euros in cash
  • sale this year of gold reserves that back the bolivar currency began with a shipment on Jan. 26 of 3 tonnes
  • In total, the plan is to sell 29 tonnes of gold held in Caracas to the United Arab Emirates by February

here is the link to Reuters for more

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