Gold, Silver Jump as Venezuela Tensions Add to Geopolitical Risk

Gold and silver advanced, with investors weighing heightened geopolitical risks following the US capture of Venezuelan leader Nicolás Maduro.

Spot gold rose as much as 2.9% on Monday, climbing above $4,455 an ounce, while silver gained as much as 7%. President Donald Trump said the US plans to “run” Venezuela after ousting Maduro over the weekend, leaving the future governance of the South American nation uncertain. He said Washington required “total access” to the country, including its oil reserves.