Trump Eyes Greenland, Gold Steadies as Traders Look Past Venezuela | The Opening Trade 1/6/2026

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US President Trump's plan to detain Venezuela's leader and run the country has led to uncertainty, but gold prices have steadied as traders focus on upcoming US economic data. The situation in Venezuela remains volatile, with Delcy Rodríguez sworn in as acting president. Traders are looking past tensions in Venezuela to economic data releases.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The US president over the weekend explained his decision to detain Venezuela’s leader and have the US run the country as a modern revival of the 19th-century Monroe Doctrine — the “Donroe Doctrine,” as he dubbed it. Gold steadied, as traders looked beyond tensions in Venezuela toward a busy lineup of economic data in the US. Spot gold was little changed near $4,450 an ounce, having risen 2.7% in the previous session following the capture of Venezuelan leader Nicolás Maduro. Uncertainty hangs over governance of the South American nation after President Donald Trump said the US plans to “run” the country. Delcy Rodríguez was sworn in as acting president. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

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Original article published by Bloomberg on January 6, 2026.
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