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Gold hits one-week high on Fed rate-cut bets, Venezuela turmoil
short by / on Tuesday, 6 January, 2026
Gold rose further on Tuesday to hit a one-week high, as dovish comments from Federal Reserve officials boosted interest rate-cut bets and Venezuela tensions bolstered safe-haven demand. Spot gold was up 0.4% at $4,465.32 per ounce, as of 0328 GMT, after rising nearly 3% in the last session.