Precious metals, particularly silver, have seen significant price surges following US military action against Venezuela. Gold gained nearly 4 percent and silver surged close to 14 percent, reaching record highs on January 6. Analysts suggest that continued geopolitical risks and potential escalation of the US-Venezuela conflict could further boost demand for gold and silver as investors seek safe-haven assets amid currency volatility and potential trade disruptions. This trend may influence investor behavior and demand well into 2026.