Precious metal prices have risen after the US capture of Venezuelan President Nicolás Maduro increased investors' concerns about geopolitical risks. In Monday morning trade in Asia, gold was about 1.8% higher at around $4,408 (£3,282) an ounce, while silver was up close to 3.5%
On December 18, Deepika Padukone hosted a special fan meet, celebrating not just Christmas but also her 40th birthday with her fans. Pictures and videos from the event last month have now flooded social media, on the actress' birthday. The Bollywood star went all out, arranging flight tickets
Kapil Dev, PGTI President, has not decided on Bangladeshi players participating in the tour. He spoke about a new team-based golf league, '72 The League'. This initiative aims to boost golf's growth in India. The league seeks to introduce team dynamics, similar to cricket's IPL. The first franchise
The Trump administration is facing renewed scrutiny following the dramatic US military operation that captured Venezuelan President Nicolas Maduro and his wife. This action has revived criticism over President Donald Trump's decision last year to pardon former Honduran President Juan Orlando
The incidence comes as an unexpected surprise to many taxpayers since many of them had not received any notice or were unaware of the assessment orders at the time. New Delhi: Income tax demands from the previous years such as 2005 to 2011 have unexpectedly started to appear on the income tax
Gold price rises after US captures Venezuela's Maduro
Gold price rises after US captures Venezuela's Maduro
Precious metal prices have risen after the US capture of Venezuelan President Nicolás Maduro increased investors' concerns about geopolitical risks.
In Monday morning trade in Asia, gold was about 1.8% higher at around $4,408 (£3,282) an ounce, while silver was up close to 3.5%, as money was moved into so-called "safe-haven" assets.
Meanwhile, crude oil prices were little changed and share prices in the region were mostly higher.
Both gold and silver hit record highs in 2025 before losing ground in the last few days of the year.
Despite dipping at the end of last year, gold still saw its best annual performance since 1979 after rising by more than 60%, reaching an all-time high of $4,549.71 on 26 December.
Those gains were driven by several factors including expectations of more interest rate cuts, major purchases of bullion by central banks and investor concerns about global tensions and economic uncertainty.
Oil fluctuated in early trade and was a little lower by mid-morning as investors weighed whether Washington's intervention in Venezuela would affect crude supplies.
US President Donald Trump has vowed to tap into Venezuela's vast oil reserves after seizing Maduro and said that the US will "run the country until such time as we can do a safe, proper and judicious transition".
But industry analysts have said the move is unlikely to have an immediate impact on how much people and businesses pay for energy.
Experts have also said it would cost billions of dollars to fix Venezuela's oil infrastructure, which has been in sharp decline since the early 2000s.
Venezuela's crude production has been "lacklustre" for years and now only accounts for around 1% of global oil output, said investment strategist Vasu Menon from OCBC bank.
The former chief executive of BP, Lord Browne, told the BBC's Today programme that for Venezuela to revive its oil production would take "a tremendous amount of skill investment and time".
While there might be a "quick pick up" of some production, he added, output might actually fall while the industry is reorganising.
Share markets in Asia-Pacific also made gains as investors focused on news unrelated to developments in Venezuela.
Japan's Nikkei 225 was up by 2.6% on the first day of trading of the year and new data showed that manufacturing activity stabilised in December.
Major indexes in South Korea and China were also higher.
The jumps reflect confidence that the fallout from events in Venezuela will remain distant, said Zavier Wong from investment firm eToro.
Shigeto Nagai from Oxford Economics said strong share price gains in Japan and South Korea today "mainly reflects the AI-led rally in the US on Friday."
Source: BBC
Related Posts: US Charges Maduro With Narco-Terrorism Strike against Venezuela Venezuela Crisis May Drive Safe-Haven Demand For Gold Maduro is out but his top allies still hold power in Venezuela Handcuffed Maduro Arrives In US Trump's capture of Nicolas Maduro draws mixed reactions US strike on Venezuela may embolden China's territorial claims I can't believe it' - Joy and uncertainty in Florida's 'Little Venezuela Today Gold, Silver Rate January 04 Nicolas Maduro's wife Cilia Flores seen for time since US capture
India became the world's second-largest mobile phone producer, with more than 99 per cent of phones sold domestically now Made in India. New Delhi: US tech giant Apple achieved a major milestone under India's smartphone production‑linked incentive (PLI) scheme
1 minutes ago
A rare and unusual case has surfaced at BRD Medical College, where an MBBS student from the 2014 batch has remained stuck in the first year for more than a decade. With no clear provision to deal with such a situation, the college administration has now approached the National Medical Commission
1 minutes ago
America now commands a vast oil empire. From Alaska to Patagonia, Washington influences nearly 40% of global oil output. This control offers significant economic and geopolitical leverage. Venezuela's immense reserves, once untapped, are now within reach
1 minutes ago
AIADMK General Secretary Edappadi K. Palaniswami (EPS) on Monday launched a sharp attack on the ruling DMK, accusing it of promoting “dynasty politics" and questioning whether there was “no one beyond the Karunanidhi family" in the party. Speaking in Veerapandi
1 minutes ago
The Union Government plans to liberalise the country's open schooling framework, introduce guidelines to encourage the use of artificial intelligence in teaching, and draft technical education standards focussed on ensuring employment and entrepreneurship for graduates
1 minutes ago
Free Legal Help Service On WhatsApp: The Nyaya Setu Chatbot provides round-the-clock legal assistance directly on WhatsApp, removing the need to visit a lawyer's office. Free Legal Help Service On WhatsApp: The Indian government has launched a new initiative, the Nyaya Setu Chatbot
1 minutes ago
US action in Venezuela is unlikely to impact India, as oil imports are minimal and easing sanctions could even benefit Indian firms US President Donald Trump has jolted global markets after ordering airstrikes on Venezuela and detaining President Nicolás Maduro on charges related to
1 minutes ago
If there's one accessory that instantly says Lohri-ready, it's a phulkari dupatta. Vibrant, rooted in Punjab's rich textile heritage, and endlessly versatile, phulkari dupattas have quietly evolved from heirloom pieces to modern festive essentials. For lohri 2026, they're not just an add-on
1 minutes ago
Amid worsening air quality in the capital, AAP MLAs staged a protest inside the Delhi Assembly, demanding urgent action as AQI levels stayed in the poor to very poor range. New Delhi: MLAs of the Aam Aadmi Party staged a protest inside the Delhi Assembly premises on Monday
1 minutes ago
A series of cyber fraud complaints has brought fresh attention to online investment scams in Visakhapatnam, where eight people reported losing more than Rs. 3.5 crore over the past two days. The victims, who come from different parts of the city
1 minutes ago
United States Senator Lindsey Graham on Sunday quoted the Indian ambassador as having told him in a private conversation that India was buying less Russian oil, and had urged him to request US President Donald Trump to relax tariffs linked to such imports
1 minutes ago
Rohit Sharma's calm but firm response to misbehaving fans has sparked a viral debate on celebrity boundaries, fan culture, and respect for Indian cricket's biggest icon. Rohit Sharma, India's most decorated modern-day cricketer, found himself at the centre of a viral moment not for a century or a
1 minutes ago
Venezuela: In most countries, used cars are cheaper than new vehicles. But in Venezuela, owning even an old, second-hand car is a luxury. Venezuela: In most countries, used cars are cheaper than new vehicles. But in Venezuela, owning even an old, second-hand car is a luxury
1 minutes ago
South Korea's President Lee Jae Myung is set to meet Chinese leader Xi Jinping as he seeks to reset frayed ties with his country's biggest trading partner. Regional security and Beijing's unofficial ban on Korean pop culture are also on the agenda for Monday's meeting
1 minutes ago
Laurent Mekies has made one thing very clear: Isack Hadjar's promotion to Red Bull is not a reward, it's a challenge. As the 21-year-old Frenchman prepares to step up from Racing Bulls to partner Max Verstappen in 2026, Red Bull's expectations are rooted firmly in growth
1 minutes ago
Umar Khalid Bail: In the video, Imam is allegedly heard making remarks about cutting off Assam and the Northeast from India by blocking supplies through the Siliguri Corridor, also known as the Chicken's Neck. Umar Khalid Bail: The Supreme Court on January 5, 2026
2 minutes ago
Long before food became something to hashtag or photograph, it was something to be presented. Across ancient civilisations, meals were meant to nourish and signal abundance, ritual, care and status. While food is wrapped with leaves today for aesthetics, in the bygone era
2 minutes ago
Aries: The forthcoming week will help crystallise your feelings; you will know how to seek true love. And if you are single, someone real will possibly approach you. If not, then opening up will be how you build your love. It is good to speak from your heart at all times
2 minutes ago
Few desserts enjoy the kind of global love tiramisu does. This Italian dish has become a global favourite for its coffee-soaked layers paired with rich creamy texture and cocoa dusting. This dish has largely remained untouched until now. A recent video doing the rounds online shows a version of
2 minutes ago
Tarot Card Reading Horoscope Today For January 5: Step into the mystical realm as the tarot cards reveal what the universe has in store for you today. Whether you're seeking clarity in love, career, or personal growth, today's tarot insights offer powerful guidance tailored to your zodiac sign
2 minutes ago
Biryani has a special place in the hearts of food lovers in India and a young boy from Kolkata has proved just that. A short video now going viral online shows a little child walking into his home with a food packet, excitedly repeating the word biryani
2 minutes ago
Instagram is all about photos, videos and reels but the AI era is going to make content identification a big challenge, something that its chief, Adam Mosseri is worried about. AI-generated content made using advanced tools are getting close to the real videos
2 minutes ago
After veteran actor Dharmendra's death on November 24, two separate prayer meets were organised in his memory—one by Hema Malini and her daughters at her Mumbai residence, and another by sons Sunny Deol and Bobby Deol, which was attended by several stars from the film industry
2 minutes ago
A former Philippine Air Force General accused of encouraging the military to abandon President Ferdinand Marcos was arrested on a charge of sedition on Monday (January 5, 2026) at Manila's international airport. Romeo Poquiz, who had publicly called for the armed forces to "withdraw their support"
2 minutes ago
Eva Schloss, the Auschwitz survivor who dedicated decades to educating people about the Holocaust and was the step-sister of diarist Anne Frank, has died aged 96, her foundation announced on Sunday (January 4, 2026). In a tribute, her family expressed their “great sadness” at the loss
2 minutes ago
Suspense has shrouded Venezuela's politics following US-led strikes in the country and President Nicolas Maduro's capture by American forces. Amid ambiguity over the election schedule in the country, a Washington Post report said on Sunday that US President Donald Trump was not too keen on
2 minutes ago
India is one of the world's fastest-growing aviation markets. IndiGo and Air India, which together hold over 90% of the market, have ordered nearly 1,500 planes over the next decade, highlighting soaring passenger demand. This expansion hinges on Boeing and Airbus
2 minutes ago
