市场对委内瑞拉变局的反应：油价“不涨反跌”，黄金重回4430，银价飙涨4.5%

Group 1: Geopolitical Impact on Precious Metals - The military action by the U.S. in Venezuela has led to a significant increase in demand for precious metals as investors seek safe-haven assets, resulting in a rebound in gold and silver prices [1][2] - Gold prices rose above $4,430 per ounce after a previous decline of 4.4% [3] - Silver prices surged nearly 5% to around $76 per ounce, with platinum and palladium also experiencing gains [6][9] Group 2: Oil Market Response - The oil market reacted calmly to the geopolitical turmoil, with both Brent and WTI crude oil prices experiencing slight declines [14] - The International Energy Agency (IEA) forecasts a record oversupply of 3.8 million barrels per day by 2026, which has contributed to the muted response in oil prices despite the unrest in Venezuela [14] - Venezuela's current oil production of approximately 1 million barrels per day accounts for less than 1% of global supply, leading to a perception that the geopolitical event will not significantly disrupt the overall oil market [14][15] Group 3: U.S. Oil Companies' Involvement - The U.S. government is encouraging major oil companies to invest heavily in Venezuela's oil infrastructure, indicating a long-term interest in revitalizing the country's oil industry [16][17] - Concerns exist regarding the feasibility of restoring Venezuela's oil production due to historical challenges faced in similar geopolitical situations, such as in Libya and Iraq [17]