Gold futures opened at $4,368.30 per troy ounce, up 0.9% from the previous day, with prices reaching above $4,400 in early trading. Geopolitical tensions rose after a U.S. strike in Venezuela, leading to increased gold demand. The U.S. captured Venezuelan President Maduro and his wife, drawing criticism from Cuba, Russia, and Iran. Gold typically rises during geopolitical conflicts and has seen a 74.5% gain over the past year. The U.S. Dollar Index has also gained 0.37% in 2026 after a 9% decline in 2025. Gold prices are influenced by supply and demand factors such as geopolitical events, central bank buying trends, inflation, interest rates, and mining production.

Read more at Yahoo Finance: Gold price rises after U.S. captures Venezuelan president