Gold price hits $2000, Credit Suisse banking crisis

Your weekly summary of the most important gold news and analysis of the last week.

Gold price USD/OZ: $1,985.47 [View live gold price.]

Change from last week: $53.84 (2.79%)

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Gold news

Gold price hits $2000 as UBS/CS rescue 'kills' key bank funding

A near ‘perfect crisis’ rockets gold to $US2000 level

Gold futures surge to $2014.90 only to retreat below $2000, a clear indication of uncertainty

Gold Price Forecast: XAU/USD on course to retest its $2,070/2075 record highs – Credit Suisse

What gold's brief rise above $2,000 an ounce means as fears of banking crisis rattle investor nerves

Gold-backed ETF (GLD) draws $1.2B inflows amid banking crisis — outpaces stocks, bonds

Central banks are on a gold-buying binge. Where next for gold prices?

Here's how central banks have used gold in the last 30 years

$2500 gold will be a reality in 2023 as strong inflation and weak equities push investors into precious metals - Deven Soni, CEO of Matador

Has gold finally caught fire?

World news

🇧🇹 Bhutan

Bhutan offers duty-free gold to offset tourism fee impact

🇨🇳 China

China discovers huge gold deposit worth $3 billion

Gold Digger: How big is that Chinese gold discovery really?

🇬🇷 Greece

Rare coin, minted by Brutus to mark Caesar’s death, is returned to Greece

🇮🇳 India

Under UAE CEPA deal, India should consider cutting gold import duty by another 1%: Malabar’s Chairman

🇪🇸 Spain

Spain increases gold bullion coin offering to meet rising investor demand

🇨🇭 Switzerland

Credit Suisse’s gold bars, hats and bags are cropping up in online stores

🇦🇪 United Arab Emirates

Malabar Gold opens global hub in Dubai

Brand new gold and silver coins are coming to Dubai

🇬🇧 United Kingdom

U.K. authorities seize nearly $5 million in gold bullion from South American drug cartel

🇿🇼 Zimbabwe

How a ‘Gold Mafia’ is looting Southern Africa, washing dirty cash

Top Zimbabwe ambassador involved in gold smuggling scheme

Gold-backed cryptocurrencies

Company running Perth Mint cryptocurrency withdraws support, but questions linger over future of GoldPass app

Read more about gold-backed cryptocurrencies.

Gold Weekly features curated articles from various sources and is not financial advice. For advertising and news submission requests, contact us.