Gold prices rebounded Monday, erasing earlier losses as worries about the global banking sector returned to the fore despite rescue efforts by Swiss lender UBS to buy peer Credit Suisse to stabilize broader financial markets.
Spot gold was up 1% at $2,007.30 per ounce, after sliding 1% earlier in the session.
US gold futures climbed 2% to $2,012.50.
Spot silver was unchanged at $22.59 per ounce, platinum fell 0.5% to $970.53 and palladium lost 0.8% at $1,407.70
Source: Qatar News Agency