1 week ago
Trump Locks In $150M Venezuela Gold Deal While Markets Watch Iran
DealsFinancePoliticsbitcoincommoditiesCrypto MarketsDoug BurgumGoldgold priceMacroMinervenResource DiplomacyTrafiguratrumpUS Foreign PolicyVenezuela
TLDR: Venezuela’s Minerven will ship up to 1,000 kg of gold to US refineries under a new Trump-brokered deal. Trafigura is acting as intermediary, shepherding the gold under a separate US government arrangement. The contract requires 98% final gold purity, with the total deal value estimated above $150 million. The deal marks the third reported [...]
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