Low Volatility Is Not Sustainable And Should Support Higher Gold Prices – Bloomberg Intelligence

Low Volatility Is Not Sustainable And Should Support Higher Gold Prices – Bloomberg Intelligence

(Kitco News) – Low volatility is one factor weighing on gold prices, but the low-risk environment is unsustainable and could eventually work in the precious metal’s favor according to one market analyst.

Markets are currently closed for the Good Friday holiday, but Thursday, the Volatility Index ($VIX), also known as the market fear gauge, fell to a seven-month low, closing the week at 12.09 points. At the same time, gold…

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