Markets react mildly to the US capture of Venezuelan leader Maduro
Yahoo Finance·2026-01-05 02:02

Group 1: Oil Market Reaction - Oil prices experienced a decline, with U.S. benchmark crude oil trading at $56.80 per barrel, down 52 cents, and Brent crude at $60.26 per barrel, down 49 cents [2] - Venezuela's oil industry, currently producing about 1.1 million barrels per day, is expected by some analysts to potentially double or triple its output in the coming years, despite its current state of disrepair due to years of neglect and sanctions [3] Group 2: Precious Metals Surge - The price of gold increased by 2.4% and silver surged by 6%, as these assets are often viewed as safe havens during geopolitical turmoil [4] Group 3: Asian Market Performance - Asian shares saw significant gains, with the Nikkei 225 index rising 3% to close at 51,832.80, marking its highest close since reaching a record of 52,411.34 on October 31 [5] - South Korea's Kospi index surged 3.4% to a record high of 4,457.52, also closing at a record high on the previous Friday [7]