Trump officials broker massive US – Venezuela gold deal

Venezuela’s state-owned mining company on Monday inked a multimillion-dollar deal to sell as many as 1,000 kilograms of gold destined for U.S. markets, two sources familiar with the deal tell Axios.

Why it matters: The arrangement shows the tightening commercial bounds between Venezuela and the U.S. after President Trump ousted that nation’s indicted socialist dictator and exerted de facto control over its oil-rich petroleum company.

https://www.axios.com/2026/03/05/trump-us-venezuela-gold-deal