According to a report from AXIOS, two sources revealed that Venezuela's state-owned mining company signed a multimillion-dollar agreement on Monday to sell up to 1,000 kilograms of gold to the U.S. market. This indicates that commercial ties between Venezuela and the United States are growing increasingly close. One of the sources stated that the gold transaction requires the Venezuelan state-owned enterprise Minerven to provide between 650 and 1,000 kilograms of gold ingots to the commodity trading firm Trafigura. The contract stipulates that the final gold content must reach 98%. Currently, the price of one kilogram of pure gold is approximately $166,000. Another source mentioned that Trafigura will transport this gold to U.S. refineries under a separate arrangement reached with the U.S. government. U.S. Secretary of the Interior Doug Burgum arrived in Venezuela on Wednesday to discuss oil and mineral opportunities and assisted in facilitating this gold contract.