--- title: "Venezuela and opposition near $4bn gold reserve deal" publication: "MediaBias News" url: "https://mediabias.news/politics/venezuela-and-opposition-near-4bn-gold-reserve-deal" api: "https://mediabias.news/api/v1/stories/venezuela-and-opposition-near-4bn-gold-reserve-deal" markdown: "https://mediabias.news/politics/venezuela-and-opposition-near-4bn-gold-reserve-deal.md" audio: "https://mediabias.news/api/audio/venezuela-and-opposition-near-4bn-gold-reserve-deal" category: "Politics" area: "United Kingdom" published: "2026-09-18T09:45:58.873Z" source_reported: "2026-09-18T09:02:24.000Z" updated: "2026-09-18T09:45:58.873Z" trust_score: 60 critic_score: 65 hype_score: 45 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-09-18T09:30:17.917872+00:00" --- # Venezuela and opposition near $4bn gold reserve deal *An agreement could see 31 tons of gold moved from the Bank of England to the US Federal Reserve.* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 60 of 100, higher is better. Central claim attributed to Financial Times and supported by multiple independent outlets and named sources. - Craft 65 of 100, higher is better. Reports include details on the dispute's history, affected parties, and potential future implications. - Hype 45 of 100, lower is better. Headlines emphasize the transfer and resolution of a long-standing dispute, with some sensationalism. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - Venezuela's government and opposition are nearing an agreement to transfer gold reserves worth around $4 billion. - The gold, totaling 31 metric tons, is currently held by the Bank of England and has been since 2019. - Under the proposed deal, the interim government led by Delcy Rodríguez would gain legal control but could not immediately sell the gold. - The reserves may be used as collateral for government borrowing, potentially for earthquake reconstruction efforts. The Venezuelan government and opposition are reportedly close to an agreement that would allow for the transfer of approximately $4 billion in gold reserves from the Bank of England to the Federal Reserve Bank of New York. The gold, amounting to 31 metric tons, has been held by the Bank of England since 2019. This dispute over the reserves has been ongoing for seven years and has involved legal proceedings in British courts. Under the terms of the proposed deal, the interim government led by Delcy Rodríguez would gain legal control over the gold. However, the agreement would prevent the immediate sale of the reserves. The gold could potentially be used as collateral for government borrowings, including funds for reconstruction following a recent earthquake. ## Disagreement on timing of dispute Die Presse reported that the Bank of England has withheld the reserves since 2019 due to non-recognition of Nicolás Maduro's government. Startup Fortune stated the gold has been frozen in London since 2018. Yonhap News Agency reported the dispute has lasted seven years. ## What the coverage left out None of the centre or right-rated reports mentioned the specific figure of 65 billion barrels of oil reserves that Die Presse reported the US had secured access to through an oil agreement. None of the centre or right-rated reports mentioned the claim by Die Presse that the US had imprisoned Venezuela's long-time ruler Nicolás Maduro at the beginning of the year. ## Who covered it Shares of the 8 covering outlets with a published leaning rating: - Left: 0% (0) - Centre: 37% (3) - Right: 63% (5) 14 of 22 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-09-18T09:30:17.917872+00:00. **Coverage watch:** developing. Checked 2 times; 0 checks found a material change. Most recently checked 2026-09-18T10:15:15.970Z. ## How the sides framed it ### Left No separate framing summary. ### Centre - The centre-rated reports led with the potential agreement to transfer the gold reserves. Devdiscourse, Reuters, and WTVB all highlighted that the Venezuelan government and opposition are close to an agreement to move the gold reserves worth about $4 billion from the Bank of England to the Federal Reserve Bank of New York. They noted that under the proposed deal, the interim government of Delcy Rodriguez would gain legal control but would be unable to sell the holdings immediately. These reports also mentioned the potential use of the reserves as collateral for government borrowings, including for reconstruction from an earthquake. The Bank of England's refusal to release the gold, going back to early 2019 due to non-recognition of Nicolás Maduro's government, was also included. ### Right - Right-rated reports focused on the transfer of gold to the US and the resolution of a long-standing dispute. Die Presse's full report stated that Venezuela's oil goes to the US and questioned if its gold would follow, detailing the $4 billion value and the Bank of England's refusal to release the reserves since 2019 due to non-recognition of Maduro's government. It also mentioned the potential use of the gold as collateral for state borrowing and for reconstruction after an earthquake. Yonhap News Agency's digest reported the seven-year gold dispute was resolved, with the UK extracting gold to store in the US. Globo's digest also reported on the negotiations for the $4 billion gold transfer to New York, citing the Financial Times. News-pravda.com's digest mentioned Delcy Rodriguez's government gaining legal control but not immediate sale ability. Vz.ru's digest stated Venezuela had decided to transfer 31 tons of gold to the Bank of New York, citing media reports. **Provisional coverage gap:** left. The watch is not closed, so this is not yet a settled blindspot finding. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - veryLow: 1 - mixed: 1 - high: 4 - unknown: 14 - veryHigh: 2 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [연합뉴스-Yonhap News Agency](https://yna.co.kr/view/AKR20260918170800009) — Venezuela's 'Two Presidents' Gold Dispute Resolved After 7 Years... UK Extracts to Store in US - [Die Presse](https://diepresse.com/41272813/venezuelas-oel-geht-in-die-usa-und-jetzt-auch-sein-gold) — Venezuela's Oil Goes to the USA – and Now His Gold? - [Haber7](https://ekonomi.haber7.com/ekonomi/haber/3660612-4-milyar-dolarlik-rezerv-abdye-tasinacak-7-yillik-altin-dugumu) — $4 Billion in Reserves to Be Moved to the US! 7-Year Golden Knot. - [ieidiseis.gr](https://ieidiseis.gr/kosmos/869365/oi-ipa-pairnoyn-kai-ton-chryso-tis-venezoyelas-kleidonei-i-metafora-ton-apothematon-apo-to-londino-sti-nea-yorki) — US Takes Venezuela's Gold as Well — 'Locks' the Transfer of Reserves From London to New York - [Startup Fortune](https://startupfortune.com/venezuelas-4-billion-gold-is-leaving-london-for-a-us-treasury-account) — Venezuela's $4 Billion Gold Is Leaving London for a US Treasury Account - [Unknown](https://snabusiness.com/article/1892937-%D9%81%D9%86%D8%B2%D9%88%D9%8A%D9%84%D8%A7-%D8%AA%D9%82%D8%AA%D8%B1%D8%A8-%D9%86%D9%82%D9%84-%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D8%B0%D9%87%D8%A8-%D9%84%D9%86%D8%AF%D9%86-%D9%86%D9%8A%D9%88%D9%8A%D9%88%D8%B1%D9%83) — Venezuela Is Approaching the Transfer of Gold Reserves From London to New York. - [sofokleousin.gr](https://sofokleousin.gr/agores/venezouela-deal-gia-metafora-xrysou-4-dis-dolarion-apo-to-londino) — Venezuela: Deal to Transfer $4 Billion in Gold From London to New York - [antena3.ro](https://antena3.ro/externe/venezuela-este-aproape-de-un-acord-pentru-mutarea-rezervei-de-aur-de-4-miliarde-de-dolari-de-la-londra-la-new-york-803714.html) — Venezuela Is Close to an Agreement to Move the $4 Billion Gold Reserve From London to New York - [Globo](https://g1.globo.com/mundo/noticia/2026/09/18/venezuela-negocia-transferencia-de-us-4-bilhoes-em-ouro-para-ny-diz-jornal.ghtml) — Venezuela Negotiates $4 Billion Gold Transfer to New York, Says Newspaper - [Клуб 'Z'](https://clubz.bg/179567) — Venezuela Prepares to Transfer $4 Billion in Gold Reserves to the US - [Banker.az](https://banker.az/financial-times-venesuelanin-4-milyardliq-qizili-nyu-yorka-dasina-bil%c9%99r) — Financial Times: Venezuela's $4 Billion Gold Could Be Shipped to New York - [republika.mk](https://republika.mk/vesti/svet/veneczuela-e-se-poblisku-do-dogovor-za-prefrlane-nad-4-milijardi-dolari-rezervi-na-zlato-vo-nujork) — Venezuela Is Getting Closer to a Deal to Transfer over $4 Billion in Gold Reserves to New York - [SINDOnews.com](https://international.sindonews.com/read/1751175/42/31-ton-emas-venezuela-di-inggris-segera-dipindah-ke-as-nilainya-rp71-triliun-1789708177) — 31 Tons of Venezuelan Gold in the UK Will Soon Be Moved to the US, Worth Rp71 Trillion - [Reuters](https://reuters.com/world/americas/venezuela-nears-deal-move-4-billion-gold-reserve-new-york-ft-says-2026-09-18) — Venezuela nears deal to move $4 billion gold reserve to New York, FT says - [news-pravda.com](https://news-pravda.com/world/2026/09/18/2600646.html) — Venezuela is close to an agreement to move its gold reserves from London to New York, the FT reports, citing sources - [Devdiscourse](https://devdiscourse.com/article/international/3978831-venezuela-nears-deal-to-move-4-billion-gold-reserve-to-new-york-ft-says) — Venezuela nears deal to move $4 billion gold reserve to New York, FT says - [vz.ru](https://vz.ru/news/2026/9/18/1452598.html) — Venezuela Has Decided to Transfer 31 Tons of Gold to the Bank of New York - [dunya.com](https://dunya.com/ekonomi/7-yillik-altin-dugumu-cozuluyor-4-milyar-dolarlik-rezerv-abdye-tasinacak-haberi-840490) — The 7-Year-Long Gold Dispute Is Being Resolved: $4 Billion in Reserves Will Be Moved to the US - Dünya Newspaper - [Capital.gr](https://capital.gr/diethni/4017582/ft-i-benezouela-konta-se-sumfonia-gia-ti-metafora-apothematon-xrusou-axias-4-dis-sti-nea-uorki) — FT: Venezuela Close to Deal to Transfer $4 Billion Worth of Gold Reserves to New York - [BizToc](https://biztoc.com/x/fe0fefba859997f2) — Venezuela said to near $4B gold transfer to New York - [WTVB](https://wtvbam.com/2026/09/18/venezuela-nears-deal-to-move-4-billion-gold-reserve-to-new-york-ft-says) — Venezuela nears deal to move $4 billion gold reserve to New York, FT says - [CNN Brasil](https://cnnbrasil.com.br/economia/venezuela-negocia-transferencia-de-us-4-bi-em-ouro-para-os-eua-diz-jornal) — Venezuela Negotiates $4 Bi Gold Transfer to the U.S., Says Newspaper ## Questions **What is the value of the gold reserves involved in the deal?** The gold reserves involved in the potential deal are valued at approximately $4 billion. This amount represents 31 metric tons of gold currently held by the Bank of England. **Why has the gold been held by the Bank of England?** The Bank of England has withheld the gold reserves since 2019 because it did not recognise Nicolás Maduro's government as legitimate. This has led to a seven-year dispute involving legal proceedings in British courts. **What are the proposed conditions for the gold transfer?** Under the proposed agreement, Venezuela's interim government, led by Delcy Rodríguez, would gain legal control over the gold. However, the deal would prevent the immediate sale of the reserves, which could be used as collateral for government borrowing. --- MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/politics/venezuela-and-opposition-near-4bn-gold-reserve-deal. Please cite as: MediaBias News, "Venezuela and opposition near $4bn gold reserve deal", https://mediabias.news/politics/venezuela-and-opposition-near-4bn-gold-reserve-deal