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International geopolitical tensions intensify, with gold, silver, and crude oil prices rising across the board. Gold futures for the first time surpass $4600 per ounce.
On January 12, the US accelerated planning for actions against Iran, with Trump scheduled to hear “potential options for actions against Iran” this Tuesday. Trump stated today that he is studying very tough options against Iran, and the military is examining this matter. Meanwhile, Trump issued an ultimatum to Cuba, saying either reach an oil agreement or face collapse. Following Maduro’s forced removal and the US-Venezuela push for a $2 billion oil deal, Trump announced a complete cutoff of Cuba’s funding and energy sources, with Venezuela no longer supplying any oil or funds to Cuba, which is facing severe blackouts and shortages of supplies, facing a life-and-death test. According to CEX market data, spot silver surged 4.00% intraday, currently at $83.14 per ounce. Spot gold broke through $4,580 per ounce, continuing to hit new highs, rising 1.56% intraday. International gold futures first surpassed $4,600 per ounce. After nearly a 6% increase last Thursday and Friday, the Brent crude futures hit their largest two-day gain since October last year, rising toward $64 per barrel; WTI crude futures are approaching $60 per barrel.