| Gold is once again leaving investors bored. The metal’s 30-day historical volatility dropped to the lowest since early November on Thursday, according to data compiled by Bloomberg. Even Mario Draghi’s plan for more bond buying that sent the euro to an 11-year low against the dollar wasn’t enough to spur some movement for gold, with futures trading little changed for most of the day in New York.
Prices are up 1 percent in 2015, paring gains of as much as 10 percent through mid-January. Gold fell 1.5 percent in 2014, and in the past year the metal is the least-volatile of the 22 components tracked by the Bloomberg Commodity Index. The U.S. Labor Department will release jobs data on March 6 that may show more improvement for the economy, allowing the Federal Reserve to raise interest rates sooner...............................................Full Article: Source
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