Gold, Silver, Oil Poised for 2026 Surge Amid Geopolitical Tensions, Fed Hints
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News1804-01-2026, 11:48

Gold, Silver, Oil Poised for 2026 Surge Amid Geopolitical Tensions, Fed Hints

  • Gold and silver started 2026 strongly, with gold reaching $4,370/ounce and silver $73/ounce, driven by safe-haven demand from global uncertainties like US-Venezuela tensions and the Russia-Ukraine war.
  • US economic data shows strength, supporting the dollar, while Fed minutes suggest potential interest rate cuts if inflation remains subdued.
  • Base metals, including copper and aluminum, also saw significant gains, with aluminum crossing $3,000/ton for the first time since 2022.
  • Crude oil (WTI) gained despite 2025's 20% decline, supported by geopolitical events; OPEC+ meeting on January 4 is crucial.
  • Markets anticipate high volatility due to the US arresting Venezuelan President Nicolas Maduro, potentially boosting gold, silver, and crude prices further.

Why It Matters: Global markets face volatility in 2026, with geopolitical events and economic data driving commodity prices.

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