đš VENEZUELA GOLD OUTFLOW â KEY FACTS đš
đĄ 113 metric tons of gold were shipped from Venezuela to Switzerland between 2013â2016, sourced from the Venezuelan central bank, to raise hard currency amid economic distress.
đ° Estimated value: ~$5.20âŻbillion USD (â 4.14âŻbillion CHF).
đ Gold exports to Switzerland stopped after 2016, following EU sanctions adopted by Switzerland in 2018 â and no official exports were recorded between 2017â2025.
đ Asset freeze: In early 2026, Switzerland froze assets tied to NicolĂĄs Maduro and 36 associates, though it remains unclear whether these include gold proceeds from past transfers.
đ Transparency concerns: The full trail, eventual destination, and beneficiaries of much of the gold â including downstream sales or refining paths â remain under international scrutiny.
đ„ Market narrative / engagement tokens: