Silver Rallies on Venezuela News

Trading Economics
2026.01.05 02:04
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Silver prices increased nearly 4% to $76 per ounce following geopolitical tensions after the US attacked Venezuela and arrested President Nicolas Maduro. This situation has heightened demand for safe-haven metals. Investors are also awaiting key US economic data, particularly the December jobs report, which may influence Federal Reserve policy. Last year, silver prices surged nearly 150% due to supply constraints and strong demand, with China's export restrictions further impacting the market.