The recent US strike on Venezuela marked another flashpoint in an already fragile geopolitical landscape. Riding on economic strength, fiscal discipline, and political stability, the US dollar dominated as the world’s reserve currency for decades. Gold surged in the 1970s, went quiet for years afterward, corrected sharply in 2022, and then found its footing again. The latest rate cuts may have influenced sentiment at the margin, but they are not the foundation of gold’s relevance. In such times, the right question is not whether gold will hit a higher number next month, but whether it serve’s your purpose.

Source: Economic Times January 19, 2026 01:28 UTC