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Gold trades firm as US-Venezuela tensions keep geopolitical risks elevated
Gold (XAU/USD) trades with a bullish bias at the start of the first full trading week of 2026, as heightened tensions between the United States (US) and Venezuela drive fresh safe-haven demand. At the time of writing, XAU/USD trades around $4,420, up nealry 2% on the day. Over the weekend, the US launched a major military operation in Venezuela, carrying out air and ground strikes that led to the capture of Venezuelan President Nicolás Maduro and his wife, Cilia Flores. US President Donald Trump said the US would temporarily “run” Venezuela. “We’re going to run the country until such time as we can do a ... (full story)
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From forex.com | Jan 5, 2026
The week begins with gold regaining a consistent bullish bias, posting gains of more than 2% during the session, driven by a rise in market risk perception following the recent escalation of political tensions in Venezuela over the weekend. Growing uncertainty surrounding potential U.S. military involvement appears to be strengthening short-term demand for ...
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From dailyforex.com | Jan 5, 2026
Gold initially took off to the upside during the trading session on Friday, but as soon as Americans came on board, they crushed it again. At this point in time, it looks like a market that just does not have the momentum to go anywhere in the short term. But I would not read too much into it, mainly due to the fact that the volume is going to be very thin. ...