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The UAE is preparing to buy tons of gold from Venezuela



TUNISIA – Venezuela will sell 15 tonnes of gold to central banks in the United Arab Emirates in the coming days for money in euros, the Reuters news agency said, in a bid by the country in which it has money to maintain its capability. obligations.

The sale of gold reserves to support the Venezuelan currency began on January 26th with a delivery of three tons, after exporting undeclared gold worth $ 900 million last year in Turkey and the United Arab Emirates, an official familiar with the plan announced.

The price of a kilogram of gold on world markets is currently around 37 thousand euros, which means Venezuelan authorities can receive an amount of 555 million euros, but the source of Reuters does not disclose the value of the agreement between the Venezuelan and United Arab Emirates governments.


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