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The Times of India
The Times of India
World
TOI World Desk

Venezuela to sell up to 1,000 kg of gold to US markets in new deal: Report

Venezuela’s state-owned mining company Minerven on Monday signed a multimillion-dollar contract to sell 650 to 1,000 kilograms of Gold Dore bars to commodities trader Trafigura for US markets, Axios reported.

The contract required 98% final gold content, one of the sources said. Trafigura was set to shepherd the gold to US refineries under a separate arrangement with the US govt, the source said.

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