Business Insider reports that Swiss private bank Lombard Odier sold half its gold position.<br />The move comes despite its surge to record levels.<br />The bank's chief economist Samy Chaar said: "We see a bit of vulnerability at the current price levels."<br />Chaar said the negative economic outlook in the US was not sustainable.<br />He said real interest rates will eventually recover and that could keep gold prices volatile. <br />Gold reached its highest level ever on Monday after a surge in virus cases and a diplomatic row between US and China showed no signs of slowing down.
