Venezuela’s gold in limbo amid tug-of-war at the Bank of England

In early November news was placed into the British media (Reuters and The Times) revealing that the Bank of England in London, one of the world’s largest custodians of gold bars on behalf of other central banks, was refusing to allow the withdrawal and repatriation of 14 tonnes of gold belonging to Venezuela’s central bank, the Banco Central de Venezuela (BCV).

Venezuela’s gold in limbo amid tug-of-war at the Bank of England