๐จ VENEZUELA GOLD OUTFLOW โ KEY FACTS ๐จ
๐ก 113 metric tons of gold were shipped from Venezuela to Switzerland between 2013โ2016, sourced from the Venezuelan central bank, to raise hard currency amid economic distress.
๐ฐ Estimated value: ~$5.20โฏbillion USD (โ 4.14โฏbillion CHF).
๐ Gold exports to Switzerland stopped after 2016, following EU sanctions adopted by Switzerland in 2018 โ and no official exports were recorded between 2017โ2025.
๐ Asset freeze: In early 2026, Switzerland froze assets tied to Nicolรกs Maduro and 36 associates, though it remains unclear whether these include gold proceeds from past transfers.
๐ Transparency concerns: The full trail, eventual destination, and beneficiaries of much of the gold โ including downstream sales or refining paths โ remain under international scrutiny.
๐ฅ Market narrative / engagement tokens:
