US aggression against Venezuela: Impact on gold, silver, crude oil prices, and the Indian …
The recent military operation conducted by the United States against Venezuela, as announced by President Donald Trump on his Truth Social platform, has caused significant speculation in the financial markets. Trump confirmed the capture and removal of Venezuelan President Nicolas Maduro and his wife from the country in his post on Truth Social. Following this military action, market analysts are predicting a gap-up opening for crude oil, gold, and silver prices when trading resumes on Monday. Despite these concerns, experts believe that Venezuela’s economy is not large enough to have a significant impact on the Indian equity markets, which are expected to remain relatively stable.
Anuj Gupta, Director at Ya Wealth, expects to see an increase in various commodities due to the geopolitical tension triggered by the US attack on Venezuela. He anticipates a gap-up opening for gold, silver, copper, crude oil, and gasoline. COMEX gold closed at $4,345.50 per ounce and is projected to climb to $4,380 per ounce when markets reopen. Similarly, COMEX silver rates could touch $75 to $78 per ounce, and Brent Crude oil prices are expected to reach $62 to $65 per barrel.
Sandeep Pandey, Co-founder of Basav Capital, pointed out that the crisis between the US and Venezuela has raised concerns about shipping routes used by countries like Peru and Chad, the world’s largest silver exporters. This situation has created supply concerns for silver, thus driving up prices. Gold prices are also expected to rise due to the increased uncertainty in the market.
Regarding Indian equities, Pandey believes that the market should remain stable overall, despite the rise in crude oil prices. He predicts some downside impact on oil stocks initially, but anticipates a recovery in the near future. The recent military strike on Venezuela has led to fresh geopolitical uncertainty, especially considering Venezuela’s significant gold reserves valued at billions of dollars. This conflict has made the situation particularly significant for the precious metals markets.
Factors such as crude oil price dynamics, the gold-silver ratio positioning, Tether’s gold accumulation, and the weakness of the Indian rupee are also influencing the market outlook. Gold and silver prices saw strong gains in 2025, with gold surging nearly 70%. These factors, combined with geopolitical tensions and supply concerns, are likely to impact the financial markets in the coming days. Investors are advised to consult with investment advisors before making any decisions in this uncertain market environment.