Gold price (XAU/USD) climbs to around $4,370 during the early Asian trading hours on Monday. The precious metal extends its upside amid a renewed surge in geopolitical risk after the United States' (US) capture of Venezuelan President Nicolas Maduro.
The AUD/USD price attracts some sellers near 0.6685 during the early Asian session on Monday. A fresh surge in geopolitical risk after the United States (US) capture of Venezuelan President Nicolas Maduro boosts safe-haven currencies like the US Dollar (USD) against the Australian Dollar (AUD).
Speaking ahead of the 2026 Allied Social Science Associations Annual Meeting on Saturday, Philadelphia Federal Reserve (Fed) President Anna Paulson noted that “job market has been bending not breaking.”
In Sunday's virtual meeting of its eight members - Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman- the OPEC+ decided to keep the oil output unchanged, while avoiding the discussions of the geopolitical crises affecting several of the producer group's members.
United States (US) President Donald Trump gave a press conference at his residence in Mar-a-Lago.