Gold, dollar rise on Venezuela as AI fuels stocks - News Summed Up

Gold, dollar rise on Venezuela as AI fuels stocks


(Jan 05): Gold and the dollar rose after the ouster of Venezuela’s President Nicolas Maduro fanned geopolitical risk. Growth assets remained in demand, with technology stocks driving gains in equities. Spot gold advanced more than 2% to climb above US$4,430 (RM18,056.68) an ounce while silver jumped 4%. Nasdaq 100 futures rose 0.7%, with chip stocks such as Advanced Micro Devices Inc and Micron Technology Inc gaining more than 3% in premarket trading. AI “absolutely stays the most dominant factor in the markets right now”, Charu Chanana, chief investment strategist at Saxo Markets, told Bloomberg TV.


Source: The Edge Markets January 05, 2026 05:59 UTC



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