He gold price exceeded $4,500 per ounce in the asian operations on Wednesday, thanks to optimism about the prospect that the US Federal Reserve will continue cutting rates next year and amid tensions between Washington and Venezuela.
He yellow metalrefuge value par excellence, climbed to $4,519.78 per ounce (31.1 grams), increasing more than 70% since the beginning of 2025.
This new rise is part of a general appreciation of metals: silver and copper also reached records on Tuesday, while platinum hit its highest level since May 2008.
According to analysts, these movements are partly explained by the worsening of geopolitical risks between Washington and Caracasafter the president donald trump said Monday that it would be “smart” for his Venezuelan counterpart, Nicolás Maduro, to leave power.
- Trump announced the December 16 a blockade of “sanctioned oil tankers” that sail to and from the Venezuelan coasts, and deployed warships in the Caribbean since September in an offensive against drug trafficking that has already left more than 100 dead.
VenezuelaMeanwhile, he denounces a campaign to overthrow to Maduro and take over the riches of the country.
At the same time, the investors anticipate further reductions in interest rates by the Fed in 2026following the latest data that reflects a weakening of the US labor market and a slowdown in inflation.
