Gold Prices to Skyrocket: US-Venezuela Tensions Fuel Safe-Haven Demand
Business
N
News18•04-01-2026, 11:21
Gold Prices to Skyrocket: US-Venezuela Tensions Fuel Safe-Haven Demand
- •Global political tensions, especially the US-Venezuela conflict, are driving gold and silver prices up.
- •US President Donald Trump's statement on Venezuela and Maduro's arrest fueled international uncertainty.
- •Investors are shifting to safe-haven assets like gold, leading to increased demand and price surges.
- •Gold started 2026 strongly, trading at $4,370/ounce; silver also rose over 2% to $73.
- •Experts predict gold could reach $4,500-$5,000/ounce if geopolitical tensions persist, despite a temporary dip in India.
Why It Matters: Global tensions are driving gold prices up significantly, with experts forecasting further hikes.
✦
More like this
Loading more articles...
