New Delhi, Jan. 4 -- Gold and silver prices are likely to witness a gap-up opening on Monday, January 5, after US attacked Venezuela, triggering geopolitical tension in the region, according to market experts.

"The US attack on Venezuela is expected to trigger geopolitical tension in the region, which is expected to fuel the uncertainty. Hence, I expect a gap-up opening for gold, silver, copper, crude oil, gasoline, and other commodities," said Anuj Gupta, Director of Ya Wealth.

Gold prices, which delivered their strongest yearly gain since 1979 by surging nearly 70% in 2025, are expected to come back into focus after the U.S. strikes over the weekend. Venezuela is believed to hold the largest gold reserves in South America, with about ...