
Gold vs US Stock VIX

Gold is approaching historical highs, while the VIX, the volatility index of the US stock market, continues to hit new lows. The VIX is under pressure from a persistent influx of volatility sellers and momentum-chasing investors. Currently, speculators are setting a record for short positions in VIX futures. What does this mean for gold if the heavily shorted US stock market volatility experiences a surge similar to the late summer of the past two years?
Gold is approaching historical highs, while the VIX, the volatility index of the US stock market, continues to hit new lows.
The VIX is under pressure from a continuous influx of volatility sellers and momentum-chasing investors. Currently, speculators are setting record short positions in VIX futures.
What does it mean for gold if the heavily shorted US stock market volatility experiences a surge similar to the late summer of the past two years?