With 2026 already marked by geopolitical volatility, investors are once again turning to safe-haven assets, even as stock markets shrug off the chaos.

The price of gold historically rises during periods of geopolitical uncertainty. And that's a pertinent concern right now amid tensions between the United States and Venezuela. While no one knows exactly what will happen next, this uncertainty can (and historically does) encourage investors to turn toward safe-haven assets like gold .

Get the LIVE 22-carat and 24-carat & 18K gold price today (Jan 19) in Delhi, Mumbai, Bengaluru, Chennai, Kolkata, and all major Indian cities. Check daily rate fluctuations on ABP News.

Gold prices slipped 1.43 percent on Comex but remain near record highs amid geopolitical tensions and expectations of another rate cut by the US Federal Reserve. Spot gold was trading at $4,660.90 on January 19.

The climbing price of gold means that jewelry made of gold, gold coins or bars (or even other precious metals) has also increased in value. CNBC reports that the retail value of gold jewelry is generally higher than the metal used in the jewelry itself, depending on the quality of the piece and gold content (karats).

The price of gold has risen significantly this year, following a remarkable surge from just the start of 2024. At that point, the price of gold per ounce was just $2,063.73. But as of Wednesday, the cost for the same amount of gold was a staggering $3,678.26.