Gold Bets Reach Five-Year Low With Prices Whipsawed

Gold Bets Reach Five-Year Low With Prices Whipsawed

Dario Pignatelli/Bloomberg

Gold’s 60-day historical volatility touched the highest since December 2011 last week and a gauge of price swings for the SPDR Gold Trust, the biggest bullion-backed exchange-traded fund, surged 73 percent this year.