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JPMorgan says sell gold volatility on ‘non-conflicting’ Trump health reports

Sell on both clarity on the president's health, and if 'gold vols are still in the 19-20 range,' said the US bank’s analysts in a 5 October note

A worker polishes gold bullion bars at the ABC Refinery in Sydney, Australia.
A worker polishes gold bullion bars at the ABC Refinery in Sydney, Australia. Photo: David Gray/Getty Images

JPMorgan analysts recommend selling gold volatility when US President Donald Trump’s health reports on his recovery from Covid-19 are “non-conflicting”.

Sell on both clarity on the president's health, and if "gold vols are still in the 19-20 range,” said the US bank’s analysts in the 5 October ‘Weekly Gold Monitor’ note.

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