Crisis-hit Venezuela has $9.5 billion in debt payments due and really only its gold reserves to pay for it. But these bullion deals come at a steep discount.
While good things are happening under the surface for Gold, its lack of a strong rebound in recent months argues that such a rebound is in the future but not imminent.
The biggest winner was Anglo American (LON:AAL), which briefly posted its biggest ever one-day percentage gain, closing later still 15% up compared to the previous session.