Gold prices consolidated their gains for the fourth week in a row, supported by the demand for safe havens, in light of the exacerbation of fears of global banking sector crises.
In the total transactions of the past week, the most active contract of the precious metal recorded an increase of 0.5%, to achieve the fourth consecutive weekly gain, despite the decline in prices at the settlement of trading at the end of the week, the day before yesterday, with an assessment of the course of monetary policy and the developments of the banking crisis.
Upon settlement, gold futures contracts for April delivery fell 0.6%, or $12.10, to $1983.80.
