Merchant Capital launches six-year note linked to gold

Going for gold

Gold is riding a wave of popularity among investors

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This six-year growth product offered by Merchant Capital is linked to the performance of gold subject to a maximum redemption level of 60%. The underlying is the London Gold Market Fixing PM Fix Price/US dollar and the price will be calculated twice on every business day by the five members - Barclays Capital, Scotia Mocatta, Deutsche Bank, Société Générale and HSBC Investment Banking Group. Capital is protected at maturity regardless of the performan

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