Gold price surges to new highs as demand for safe-haven assets continues
The psychological mark of $2,000 has been breached due to rising volatility.
FOMC meeting ahead. Will this cause fluctuations in gold prices?
GOLD, DXY (USD), 10-YEAR US TREASURY PRICES AND REAL YIELD
All this price movement in the markets has led to an increase in gold volatility, as measured by the GVZ index. The GVZ Index measures implied volatility in the price of gold in a similar way to how the VIX Index measures the volatility of the S&P 500 Index.
Looking at the chart, we can see that...
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