The prices of precious metals rallied after the U.S. announced that it had captured Nicolas Maduro, the president of Venezuela. This rally was triggered by investor worries about the geopolitical implications of that event.
As markets absorb the recent events in Venezuela, gold traders and investors will keep a close eye on any emerging geopolitical impacts, especially the reactions of Russia and China. Major gold producers like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) are also likely to assess this evolving…
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