US Strikes Venezuela: Commodity Markets Brace for Impact on Oil, Gold, Silver

Economy
C
CNBC Awaaz•04-01-2026, 13:11
US Strikes Venezuela: Commodity Markets Brace for Impact on Oil, Gold, Silver
- •US military action in Venezuela and President Nicolás Maduro's arrest confirmed by Donald Trump.
- •Experts predict initial gap-up opening for crude oil, gold, and silver due to geopolitical uncertainty.
- •Anuj Gupta forecasts COMEX Gold to $4,380, Silver $75-$78, and Brent crude $62-$65.
- •Sandeep Pandey notes crisis impacts silver supply routes and boosts gold's safe-haven demand.
- •Venezuela's vast oil reserves face continued US sanctions; major oil infrastructure remains undamaged.
Why It Matters: US action in Venezuela could cause short-term commodity price hikes, but long-term impact is uncertain.
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