Uptick in Volatility Good for Gold
July 15, 2014 at 07:30 AM EDT
Gold endured its worst one-day performance of 2014 as futures and bullion-backed exchange traded funds were hit with some profit-taking. The SPDR Gold Shares (NYSEArca: GLD) lost 2.3% on volume that was 64% above the daily average as investors scurried into U.S. stocks and other riskier assets on...