ETF Espresso: Gold VIX Shows Investors Not Panicking After Sell-Off
December 16, 2011 at 08:09 AM EST
The so-called gold VIX has been relatively calm despite the recent drop in gold prices, suggesting fear hasn’t crept into the market in a big way, according to a report Friday. The CBOE Gold Volatility Index (GVZ) fell 4.7% on Thursday as gold prices firmed following a steep decline. Gold ETFs were...