Gold price inches from record highs, recession fears drive the market kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
LONDON Global bank shares took another beating on Monday despite a UBS takeover of embattled Swiss rival Credit Suisse and actions by financial authorities aimed at calming investors fearing a broader crisis.UBS agreed to take over Credit Suisse for $3 billion Swiss francs ($3.25 billion) in a government-brokered deal over the weekend following days of market upheaval over
Gold tops $2,000 on Credit Suisse buyout capitalfm.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalfm.co.ke Daily Mail and Mail on Sunday newspapers.
Gold topped $2,000 per ounce for the time in more than a year Monday on haven demand as investors fretted over global bank fears despite the buyout of Credit Suisse.