Here Is How To Play Gold: BAML

A major bank derivatives research report suggests it might be time to play gold on both sides of the market. The recent surge in the gold market was accompanied by a decided asset movements, a Bank of America Merrill Lynch derivatives research report noted. This comes as gold’s implied volatility skew is at its most inverted since 2009, even despite Tuesday’s sell-off.

Gold could hit $1,350 in the short term, but fall back to $1,250 by year end

At the start of January, with the stock market sinking and VIX volatility soaring, the price of gold started rising, posting near a 17.5% return over the course of...