Venezuela Sends More Gold to Switzerland; $2.2B in 1Q
By GCRU Gold News on Wednesday, April 27 2016, 00:43 - Permalink
Facing major debt payments and economic crisis, Venezuela continues to burn through its gold.
In a report out today, Latinvest’s Russ Dallen, citing the Swiss Federal Customs Administration, reports that Venezuela has shipped 60 metric tons of gold worth $2.24 billion to Switzerland during the first three months of the year. That includes the 12 metric tons shipped in March with a value of $485.5 million.