Venezuelan Government to Repatriate 31 Tons of Gold Reserves from London
The Venezuelan government, in collaboration with opposition leaders, has reached an agreement to work together to secure the return of roughly 31 tons of the country’s gold reserves currently held by the Bank of England. The proposed move comes as the South American country seeks financial resources for reconstruction after a series of devastating earthquakes earlier this year. According to recent reports, the bullion is valued at approximately $4.4 billion, based on current market prices. The agreement represents a rare example of cooperation between the country’s deeply divided political factions. The two sides reportedly intend to jointly pursue the release of the reserves following U.S.-backed negotiations held earlier this month. At the same time, officials are expected to establish strict safeguards governing the…