Reuters report on Venezuela selling gold, citing a senior official with knowledge of the plan
- Venezuela to sell 15 tonnes of gold to the United Arab Emirates
- in return for euros in cash
- sale this year of gold reserves that back the bolivar currency began with a shipment on Jan. 26 of 3 tonnes
- In total, the plan is to sell 29 tonnes of gold held in Caracas to the United Arab Emirates by February
here is the link to Reuters for more