Gold Price Today
Key point
Gold Performance= Spot gold surged 2.65% to $4445 amid geopolitical tensions in Venezuela; MCX February contract at Rs 137,997, Support levels: $439/4296, resistance: $4472/45550
Geopolitical Risks: US actions in Venezuela and threats to Colombia heighten sage have demand; implications for China, Russia, and global markets are significant.
Silver Outlook: Spot silver jumped 7% to $77.63 with ETF holding near highest since June 2022. Support at $75/73.76, resistance at $78.69/$80.72/$85; dip buying remains preferred strategy. (GOLD PRICE TODAY)
Gold price prediction today: Gold prices are expected to continue their rally as demand for safe haven assets picks up, says Praveen Singh, Senior Fundamental Research Analyst Currencies and Commodities at Mirae Asset Share khan.
Gold Performance
Price Movement & Market Action
God ‘ price continues to trend higher today, trading near multi-year highs as investors seek safety amid ongoing geopolitical uncertainty and macroeconomic signals. Spot prices have been holding above the $4,450 per ounce level, with intraday gains JM Bullion
According to live futures data, gold futures are trading near $4489 per ounce, marking a consistent rise over recent sessions and reflecting robust investor interest.
Geopolitics watch:
Maduro’ forcible removal has ignited a fresh wave of geopolitical concern, especially among nations whose relations with the United States have historically been uneasy. Many view the episode through the long arc of US interventionism in Latin America from early 20th century regime changes to Cold War era interventions raising fears that countries deemed unfriendly to Washington could face similar pressure.
The US operation in Venezuela serves as a stark reminder of The US operation in Venezuela serves as a star reminder of Washington’s apparent revival of the Monroe Doctrine, first articulated in 1823 to oppose external powers’ influence in the Western Hemisphere and later invoked throughout the 20th century to justify strategic interventions. Economic
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