Investors looking to profit from the Brexit referendum – no matter the outcome – should bet on a jump in gold volatility, according to a note from Societe Generale who say the metal will surge in the event of a vote to leave and fall if the result is for the status quo. The precious metal was trading at $1265.71 an ounce at 6:30am ET, down more than $30 in the last three sessions. It is certainly not just gold that will move, as markets in London are bracing for what could be a wild ride in everything from foreign exchange to stocks following the referendum result.
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