Tue, June 10, 2025
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Bank gold traders reaped $500 million as tariff panic set in


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  Precious metals traders at top banks including JPMorgan Chase and Morgan Stanley posted their best performance in five years in the first quarter.

The article from Fortune, published on June 9, 2025, discusses how bank gold traders at major institutions like JPMorgan and Morgan Stanley are bracing for increased volatility in the gold market due to potential new tariffs and trade policies from former President Donald Trump, who is running for office again. Trump's previous term saw significant trade wars, particularly with China, which led to fluctuations in commodity prices, including gold. Traders are preparing for similar or even more intense market reactions should Trump win the upcoming election and implement his proposed tariffs. The article highlights the strategic adjustments these banks are making, such as increasing their hedging activities and closely monitoring political developments to navigate the potential economic turbulence.

Read the Full Fortune Article at:
[ https://fortune.com/2025/06/09/bank-gold-traders-trump-tariff-trade-war-jpmorgan-morgan-stanley/ ]

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