Trump admin is to reportedly allow sale of some Venezuelan gold in the US, according to reports

The reported decision by the Trump administration to allow the sale of Venezuelan gold in the US signals a potential easing of sanctions, which could lead to greater supply in the gold market. This may introduce volatility in commodities, particularly gold prices, and could also influence currency valuations, as market participants react to shifts in geopolitical risk associated with Venezuela. Keep an eye on how this develops, as it could affect broader sentiment across both equities and FX markets.