“Gold Futures Rebound Above $2,000 as Investors Seek Safe Haven Amid Banking Crisis and US Debt Ceiling Concerns”

The reporter reported that gold futures price Rebounded above $ 2,000 as investors flocked to buy gold as a safe-haven asset. Amid concerns about the banking crisis and the US debt ceiling,

At 22:06 Thai time, the COMEX (Commodity Exchange) gold contract is delivered in June. plus $ 24.50 or 1.23% to $ 2,016.70 / ounce

The International Monetary Fund (IMF) has warned that the US banking sector remains fragile. Even JPMorgan Chase, the largest US bank acquisition of First Republic Bank

In addition, investors are worried about the US debt ceiling after Mrs. Janet Yellen The Treasury Secretary has warned that the United States could face a debt default by June 1 if Congress does not raise the debt ceiling before that deadline.

Markets are keeping an eye on the Federal Reserve’s monetary policy meeting, with the Fed expected to raise interest rates by 0.25% at this round of monetary policy meeting. Along with ending the cycle of raising interest rates that has been going on since 2022, the Fed has raised interest rates 9 times in a row, totaling 4.75%.