Top Stories· August 17, 2026 at 01:09 p.m.
Venezuela and Opposition Seek Release of $4 Billion in Gold from Bank of England
Key takeaways
- Venezuela seeks release of $4 billion in gold from Bank of England
- Funds intended for reconstruction after June earthquakes
- Gold has been held since 2018 due to financial disputes
Following two weeks of US-mediated negotiations, Venezuela's government and opposition have agreed to jointly request the release of approximately $4 billion worth of gold held by the Bank of England since 2018. The funds are intended for reconstruction efforts following June's earthquakes.
