Don't sell into the current weakness, Wells Fargo tells gold investors; instead, use any...
Don't sell into the current weakness, Wells Fargo tells gold investors; instead, use any eventual price rebound to reduce exposure to gold, silver and precious metals to no more than 2% of portfolio value. And some traders see a rebound coming. Market data has front-month at-the-money calls priced ~$5.45/contract on the SPDR Gold Trust (GLD -8.5%) vs. at-the-money puts going for ~$4.95.
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