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

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. Silver rose for a third day.

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.

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