Gold and silver prices hit a one-week high in global market amid expectations of a Federal rate cut and tensions caused by US attacking Venezuela. While spot gold was up 0.5% at $4,469.96 per ounce, spot silver gained 3.5% to $79.18 per ounce. “The capture of [Venezuela President Nicolas Maduro] illustrated this rupture between US and China...de-globalisation,” an expert said.