Maduro's Arrest in the U.S. Shocks Markets; Precious Metal Prices Rise on Safe-Haven Demand
On Monday, prices of precious metals such as gold and silver rose as investors sought the safe-haven appeal of these metals amid heightened geopolitical risks following the U.S. capture of Venezuelan President Maduro. Nicky Shiels, head of research at precious metals refiner MKS Pamp SA, said in a report: “ "Now, the market must reassess not only the risks in Venezuela, but also factors such as U.S. uncertainty and military influence."
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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