Related: 17 ETFs to Satisfy Your Gold Fever

Gold has enjoyed greater demand in a low interest-rate environment as the hard asset becomes more attractive to investors compared to yield-bearing assets. However, traders lose interest in gold when rates rise since the bullion does not produce a yield.

Still, gold’s recently docile nature is problematic for active, risk-taking traders that thrive on the yellow metal’s often volatile ways.

“While irritating for traders who make a living betting on strong moves, the sleepy gold market also reflects stability in other assets, with measures of global shares at record highs. Investors from currencies to equities have been boxed in between concerns over a weakening dollar and speculation that central banks will tighten money supply,” according to Bloomberg.

For more information on gold, visit our gold category.

Tom Lydon’s clients own shares of GLD.