Global Markets Decline On Banking Concerns

Global bank shares and oil prices slumped Monday as a UBS buyout of Credit Suisse and reassurances from financial authorities failed to calm investors spooked by a fresh crisis. Gold topped $2,000 per ounce for the first time in more than a year on haven demand. The precious metal, seen as a safe store of value in times of economic turmoil, reached $2,009.73. NDTV's Sakshi Bajaj gets us all the details.

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