Approximately 31 metric tons of gold bullion.
In late 2022, Venezuelan opposition lawmakers dissolved Guaidó's interim government, leaving the legal authority to access the gold in a state of limbo. 🌍 Global Impact Battle for control of Venezuelan gold continues - DW News Disputed Venezuelan Gold Worth $1.8B in Bank of...
Britain continues to hold over in Venezuelan gold at the Bank of England as of April 2026. The assets remain frozen despite the reported ousting of Nicolás Maduro in early 2026, as the UK government still refuses formal recognition of any current Venezuelan leadership. 🏛️ Current Legal Status Approximately 31 metric tons of gold bullion
The UK maintains a "no recognition" stance to pressure for a democratic transition. ⏳ Recent Historical Context The assets remain frozen despite the reported ousting
Worth over $3 billion (£2.2bn) due to the rising price of gold, which has nearly doubled since 2021.
Former opposition leader Juan Guaidó (recognized by the UK as interim president until late 2022) successfully argued to keep the gold out of Maduro's control.
Foreign Secretary Yvette Cooper confirmed that the gold will stay in storage until a government is officially recognized by the UK.