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Silver and gold are the big winners as investors look for safety following the U.S. intervention in Venezuela
Gold and silver emerged as the big winners of flight-to-safety trades by investors on Monday following the U.S. intervention in Venezuela - helping to alleviate concerns about their steep price climbs in 2025 and whether a correction might be in store for the new year. Investors flocked to precious metals as part of a longer-term trend of seeking alternatives to the U.S. dollar and U.S. government debt following periods of American military action. Gold for February delivery (GC00) (GCG26) spiked almost 3% to roughly $4,450 an ounce on Monday, following a more than 60% surge in prices last year. Silver (SI00) for ... (full story)
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