Gold Surges 1.4% After US Strike on Venezuela, Geopolitical Tensions Fuel Rally

• Gold prices surged 1.4% internationally following a US military strike on Venezuela, driving investors to safe-haven assets.
• Spot gold reached over $4,391 an ounce; domestic MCX futures climbed 1.19% to Rs 1,37,795 per 10 grams.
• Geopolitical tensions, hopes for lower interest rates, and strong safe-haven demand are fueling the rally.
• An outlook report suggests gold is becoming a strategic portfolio diversifier, not just a crisis hedge.
• Analysts expect continued appreciation due to instability, reduced US borrowing costs, central bank buying, and ETF inflows.

Why It Matters: Gold prices soar globally due to geopolitical tensions and its growing role as a portfolio diversifier.