Gold price exceeds $2,000 per troy ounce

The price of gold rose slightly on Wednesday morning.

The price of the June futures for gold on the New York Comex exchange rose by $1.75 (0.09%) to $2,006.25 per troy ounce. July futures for silver rose 0.88% to $25.308 an ounce.

A day earlier, investors were inclined to avoid risk due to a new increase in fears around the US banking sector. First Republic Bank on Monday reported a loss of more than $100 billion in first-quarter deposits, sending the bank's shares down nearly 50%.

US stock exchanges fell next - within 2% on major indices, the dollar strengthened against other major world currencies.

Now the markets are waiting for the release of macro statistics from the US, which may affect market sentiment in general, and hence the quotes of gold. Thus, analysts suggest that US GDP grew by 2% last quarter.





www.anews.az