![The turmoil in the global banking sector has raised risk and driven gold prices above $2,000 a troy ounce for the first time since March 2020. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/C37RV3AGNQ2LBVVMRE27TJKJOE.jpg?smart=true&auth=37fa07f81de8a65b3b5ee0d079939a0e67f25d9250393e90d68fcdfc959d56ff&width=400&height=225)
The turmoil in the global banking sector has raised risk and driven gold prices above $2,000 a troy ounce for the first time since March 2020. Reuters
The turmoil in the global banking sector has raised risk and driven gold prices above $2,000 a troy ounce for the first time since March 2020. Reuters
Fear-induced demand is driving up gold prices, Goldman Sachs says
Growing contagion risk in the banking industry and prospects of an imminent US recession are stoking the rally, experts say