Gold prices surged past $4,400 over the weekend as the financial markets reacted to the escalating crisis in Venezuela. The U.S. military's intervention, resulting in the capture of Venezuelan President Nicolás Maduro and his wife, Cilia Flores, has heightened geopolitical tensions. This turmoil has led investors to seek refuge in safe-haven assets, prompting significant upward movement in gold.
In currency trading, the U.S. dollar (USD) experienced fluctuations against major pairs, particularly the euro (EUR) and the Venezuelan bolívar (VES). As the crisis unfolds, the exchange rate dynamics may shift further, influencing trading strategies. Analysts suggest that continued instability in Venezuela could bolster demand for gold and impact the broader forex market, particularly in terms of the USD's strength and its safe-haven appeal.
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Data Source: FX Killer Analysis Team Updated: 2026-01-05 19:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.