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Trump loves gold—and Venezuela’s got plenty

Summary by Newsweek
Liquid gold, meet the real thing, including a London vault worth billions—roughly a midsize oil field.

3 Articles

About 31 tons of this precious metal, which are part of the international reserves of the Central Bank of Venezuela (BCV), are deposited in the Bank of England.

For years, the immense treasure of Venezuela has not been hidden in the bed of Orinoco, but under the streets of London. In the vaults of the Bank of England, some 31 tons of Venezuelan gold lie, transformed today into an uncomfortable symbol of the new financial geopolitics. What began as a regular management of reserves has evolved into a legal and political confrontation that interlocks sanctions, regime changes, diplomatic recognition and fe…

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Newsweek broke the news in United States on Friday, January 9, 2026.
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