Punch-Drunk Gold Investors Await Yellen, Driving Volatility Low
- ‘Fairly limited action’ in gold, TJM Investments’ McGuire Says
- Gold’s 30-day volatility drops to lowest since October 2014
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Gold traders heady on the best first half for the precious metal in almost 40 years are now pausing to eye the punch bowl.
The metal’s 30-day historical volatility dropped to the lowest since October 2014 this week as investors await guidance on interest rates when Federal Reserve Chair Janet Yellen speaks in Jackson Hole, Wyoming, on Friday.