Gold Futures Surge on Yields and Oil Price Decline
Gold futures have turned higher as yields and oil prices decline.
A bullish options bet suggests there could be up to 27% more upside, with a target of $5,000.
JPMorgan believes that if ETF hedging demand eases, Bitcoin could outperform gold.
However, not everyone is convinced. An expert warns against chasing the green tape and reminds investors to study market history.