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US–Venezuela Tensions Shake Markets | Nifty Slips from Record High | Gold & Silver Surge

By: Amit Chauhan | Date : Mar 30, 26

Global markets turned volatile as US–Venezuela tensions escalated following a US military operation that led to the capture of Venezuelan President Nicolas Maduro. Rising geopolitical risk and upcoming US macro data have kept investors on edge.

📉 Indian Market Snapshot:

Nifty touched a fresh all-time high of 26,373.20 but failed to sustain gains

The index closed 0.32% lower, indicating profit booking at higher levels

India VIX surged over 6% and moved above 10, signaling rising volatility

📊 Stocks in Focus:

ONGC share price outlook amid weak crude oil prices

Broader market reaction to global geopolitical developments

🥇 Gold spot prices surged to $4,400 per ounce as safe-haven demand returned after the US strike on Venezuela.
👉 Can gold sustain strength, or will elevated levels trigger profit booking?

🥈 Silver futures crossed $75 per ounce on COMEX, supported by geopolitical risk and safe-haven buying.
👉 Will silver hold momentum or face near-term profit taking?

🛢Crude oil prices slipped despite the Venezuela shock, defying typical geopolitical trends.
👉 Why didn’t oil spike, and what does this divergence signal for crude oil going ahead?

📆 Key Levels for Tomorrow:
✔ Nifty
✔ Bank Nifty
✔ Gold
✔ Silver
✔ Crude Oil

Watch this in-depth Market Analysis by Naresh Sharma (Head of Research, RMoney) for a clear blend of news, technical levels, and macro insights.

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we are SEBI Registered Research Analyst {Reg no. INH000010335}
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