Looking for volatility? Keep an eye on the metals market and the price action in Gold. While the yellow metal has been grinding higher over the past few months, wide intraday swings sent prices higher and lower last week. The wild action has some players wondering if Gold is ready to reach new highs.
Gold had an unusual 10 minutes midday on Friday. After spending the first hours within a $2 trading range, the price fell $10 as more than 65,000 contracts traded hands. That's the equivalent of 6.5 million ounces of gold - or $8.3 billion worth.
Where'd that kind of move come from?