“Gold implied volatility is relatively low considering where it has been since September when it spiked up as investors were worried about the European debt crisis,” Bill Luby of the VIX and More blog told Reuters.
SPDR Gold Shares is up 9.8% year to date. The ETF gained 2% in preopen trading Friday.
Here are some of the other top stories making the rounds online this morning:
- Investors’ cash grab shreds gold’s safe-haven status. [Reuters]
- Gold Rout Leaves Traders Least Bullish in Four Months. [Bloomberg]
- Lipper: Are ETFs in trouble? [Reuters blog]
- What Top ETF Picks Predict for 2012. [Motley Fool/MSNBC]
- Friday’s ETF Chart to Watch: Dollar/UUP. [ETFdb]
- Retail ETFs Head Higher; KORS Jumps 22% on First Day. [Barron’s]
Shameless plugs:
- Tom Lydon Talks Gold on CNBC. [ETF Trends]
- Silver ETFs Tarnished. [ETF Trends]
- Tom Lydon on CNBC Discussing Markets, Yield. [ETF Trends]
CBOE Gold Volatility Index (GVZ)
