JP Morgan launches autocallable gold-linked certificate of deposit

If gold prices do not hit this level at any time during the product's three-year life, then the investor will participate like for like in whatever appreciation has taken place by maturity. Capital is 100% protected, and investor funds in CDs are also guaranteed by the Federal Deposit Insurance Corp (FDIC) up to a value of US$250 000 in the event that JP Morgan were to become insolvent. Returns are capped at 30, or the approximate level set at strike, which will be at least this figure. If the g

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: