Watch gold jump to $1,400 if U.K. votes to Brexit

So-called Brexit concerns already have significantly jolted financial markets, but more could be in store if the fears become reality and the U.K. votes to exit the European Union.

One of the biggest beneficiaries of disquiet that Briton’s could opt to leave the EU at its June 23 referendum, is gold.

Gold futures GCQ6, -0.19% are set to rise as much as 8.5% from current levels, according to James Butterfill, head of research and investment strategy at ETF Securities.

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