Gold reached $2,000 per ounce on Monday and has been hovering just above $1,900 throughout the week. The precious metal has risen 10 percent since the run on Silicon Valley Bank in early March. Investors have been moving to gold and treasuries as bank stocks have been battered by the collapse of Silicon Valley Bank and Credit Suisse’s difficulties. Analysts say that the price of gold could go up even further if the Fed raises interest rates at this week’s meeting and could reach as much as $2,600 per ounce. Gold’s all-time high was $2,075 in August 2020.