US-Venezuela Tensions, Economic Data to Fuel Gold-Silver Volatility

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Moneycontrol•04-01-2026, 19:45
US-Venezuela Tensions, Economic Data to Fuel Gold-Silver Volatility
- •Gold and silver prices are set for sharp fluctuations this week due to crucial US economic data and escalating geopolitical tensions.
- •The US attack on Venezuela and the apprehension of President Nicolas Maduro have heightened global market uncertainty, boosting safe-haven demand for precious metals.
- •Experts like Prathamesh Mallya and Pankaj Singh foresee continued volatility, with both bullish and bearish factors influencing gold and silver.
- •Recent profit-booking, year-end low liquidity, and increased CME Group margins led to a drop in gold and silver prices after record highs.
- •Outlook for 2026 suggests gold could rise 10-60% despite corrections, while silver may see a 40% jump driven by industrial demand.
Why It Matters: Geopolitical risks and economic data are set to drive significant volatility in gold and silver prices.
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