iShares COMEX Gold (IAU) volatility elevated; gold down 2.3%

September 22, 2011 7:51 AM EDT
iShares COMEX Gold (NYSE: IAU) October put option implied volatility is at 27, Janaury is at 29; above its six-month average of 23 according to Track Data, suggesting larger price movement as gold recently sells off 2.31% to $1,766 according to Bloomberg.


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