The price of gold in Monday’s session is rising, passing the psychological threshold of 2,000 dollars per troy ounce. Investors generally pay attention to the news from the banking sector in Europe and the United States, assessing the economic prospects and the possibility of a sale in the leading countries, writes Bloomberg.
Yesterday at 8:35 a.m. CE time, the price of futures for the gold of the Comex spot in Europe was up 33.3 dollars, or 1.7%, to 2006.80 dollars per troy ounce.
At the end of the day, the precious metal fell to 2,006.43 dollars per troy ounce, the Trading Agency reported.
At the same time, the price of crude oil rose by 0.05% to .58 per ounce.
Last week, gold fell under the influence of the instability of the reserve, due to concerns about the banking crisis. Across the map, several American banks were closed, which froze the banking system in the country, and because of this, the stock market also froze the European sector, especially the United States.
On Sunday, it was announced that UBS, the largest bank in Switzerland, is acquiring Credіt Ѕuіѕsе for 3 billion Swiss francs (3.2 billion dollars). The potential losses of Credit Suisse UBS has to cover are most probably more than 9.7 billion dollars.
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