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  • S&P/TSX

    21,807.37
    +98.93 (+0.46%)
     
  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     
  • DOW

    37,986.40
    +211.02 (+0.56%)
     
  • CAD/USD

    0.7273
    +0.0010 (+0.13%)
     
  • CRUDE OIL

    83.25
    +0.52 (+0.63%)
     
  • Bitcoin CAD

    88,253.44
    +908.48 (+1.04%)
     
  • CMC Crypto 200

    1,380.33
    +67.71 (+5.16%)
     
  • GOLD FUTURES

    2,402.80
    +4.80 (+0.20%)
     
  • RUSSELL 2000

    1,947.66
    +4.70 (+0.24%)
     
  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     
  • NASDAQ

    15,282.01
    -319.49 (-2.05%)
     
  • VOLATILITY

    18.71
    +0.71 (+3.94%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • CAD/EUR

    0.6824
    +0.0003 (+0.04%)
     

How Is the Volatility Index Impacting Gold?

How Is the Volatility Index Impacting Gold?

Another critical factor that has been affecting the price movement of precious metals is overall market volatility, which is depicted by the CBOE Volatility Index (or VIX). Also, the worries about the interest rate hike have been critical in adding to the volatility in the market.