Gold price continues to soar! Rates jump record high of $4,467; US- Venezuela oil tensions fuel the rally

Gold price continues to soar! Rates jump record high of $4,467; US- Venezuela oil tensions fuel the rally

Gold prices surged to a fresh on Tuesday as investors flocked to the safe-haven metal amid rising geopolitical tensions linked to US actions against vessels carrying Venezuelan oil. At the same time, silver also hovered close to historic highs, extending a strong rally across precious metals.Spot gold was up 0.5% at $4,467.66 an ounce by…

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'Nicolas Maduro’s nephews, oil tankers': US imposes new sanctions on Venezuela — details

‘Nicolas Maduro’s nephews, oil tankers’: US imposes new sanctions on Venezuela — details

The United States on Thursday imposed new sanctions on Venezuela, targeting three nephews of President Nicolas Maduro’s wife, along with six crude oil tankers and associated shipping companies. The action coincided with a large-scale US military buildup in the southern Caribbean and President Donald Trump’s campaign for Maduro’s ouster. On Wednesday Trump said the US…

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