Gold Volatility Index at All Time Low

The CBOE Gold ETF Volatility Index (GVZ) closed last Friday at a record low of 13.28 and as of mid-day Monday appeared on track to put in another all-time low as the index is down 0.14 to 13.14 today. If you have an opinion on the direction of GLD options have never been cheaper, at least since 2008. CBOE has historical data on GVZ going back to June 3, 2008 available at the following link –

Using that data, I created the chart below which shows the all-time history –