Gold futures settled lower on Thursday after global stocks rebounded from recent losses as risk sentiment improved after Credit Suisse secured a lifeline from the Swiss National Bank.
Credit Suisse said that it would borrow up to $54 billion from SNB to shore up liquidity.
Meanwhile, JP Morgan Chase, Morgan Stanley and several other big banks are reportedly discussing a potential deal with First Republic Bank.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.