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Gold rises after reported US capture of Venezuelan leader
Summary
Gold and silver climbed as investors moved toward safe-haven assets after reports that US forces captured Venezuela's leader Nicolás Maduro; oil slipped amid questions about crude flows from the country.
Content
Gold and silver moved higher as investors sought safe-haven assets after reports that US forces captured Venezuelan leader Nicolás Maduro. Spot gold climbed into the mid-$4,300s per ounce in early Asian trading, and silver also advanced. US officials' comments on Venezuela's future governance and possible leverage over oil added to market uncertainty. Early reporting said key Venezuelan oil facilities remained operational.
Noted developments:
- Reports said US forces captured Nicolás Maduro and US officials made public statements about plans for Venezuela.
- Spot gold rose roughly 0.7%–0.9% in early trade, with quoted levels in the mid-$4,300s per ounce; silver also gained.
- Brent and US crude moved lower in early Asian trade amid uncertainties about Venezuelan supply, while some reports indicated major oil infrastructure was still functioning.
- Other markets showed modest moves, with currencies and bond futures largely little changed.
Summary:
Markets showed a short-term shift toward precious metals as investors priced heightened geopolitical risk and uncertainty over Venezuela's governance. The immediate condition of key oil facilities was reported as largely intact, but the broader impact on supplies and policy developments remains undetermined at this time.
Sources
Asian Shares Hit Record, Silver Jumps on Venezuela: Markets Wrap
Yahoo! Finance1/5/2026, 2:08:55 AMOpen source →
Gold Rises on Haven Demand After US Captures Venezuelan Leader
Bloomberg Business1/4/2026, 11:16:55 PMOpen source →
Latvia Probes Ship After Communications Cable Cut Off Coast
Bloomberg Business1/4/2026, 9:59:34 PMOpen source →
