US-Venezuela Tensions Fuel Gold, Silver Surge in India

• Gold and silver prices surged in India on Monday, January 5, driven by geopolitical tensions after the US captured Venezuelan President Nicolas Maduro.
• Safe-haven demand and concerns over potential global supply chain disruptions boosted bullion, with international silver gaining nearly 6%.
• MCX February gold futures rose 1.5% to ₹1.37 lakh/10g, while March silver futures jumped 4.3% to ₹2.46 lakh/kg.
• Experts note gold prices remain volatile, influenced by investor caution, US inflation, and potential supply constraints from major silver exporters like Peru and Chad.
• Analysts predict gold could rise 10-60% in 2026, while silver faces downside risk but could gain up to 40% due to tight supply and industrial demand.

Why It Matters: Geopolitical tensions are driving gold and silver prices up in India, with future volatility expected.