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Reuters

Safe-haven gold pushed to one-week high by U.S.-Venezuela conflict

Reuters · Current
Reuters
Reuters
Current

Gold prices sprinted to a more than one-week high on Monday (January 5), edging closer to their record peak, as geopolitical turmoil stirred up by the U.S. capture of Venezuelan President Nicolas Maduro sparked a flight to safety.

Breakdown
  • Gold rose to a one-week high, nearing its record peak
  • Rise linked to U.S. capture of Venezuelan President Maduro 7s
  • Trump warned of more strikes if Venezuela resists U.S. demands 27s
  • Gold gained 64% last year, its biggest annual rise since 1979 44s
  • Silver jumped 4% to over $75 an ounce, soaring 147% last year 56s