The CBOE Gold ETF Volatility Index ("Gold VIX", Ticker - GVZ) measures the market's expectation of 30-day volatility of gold prices by applying the VIX methodology to options on SPDR Gold Shares (Ticker - GLD). Like other VIX benchmarks, GVZ uses options spanning a wide range of strike prices.
CBOE Holdings, Inc. launched products based on the CBOE Gold ETF Volatility Index (GVZ) --
Gold VIX is just one in a series of new volatility indexes based on new asset classes, marking the next generation of VIX benchmarks. CBOE currently calculates the CBOE Crude Oil Volatility Index (OVX) based on United States Oil Fund option prices; and also the CBOE EuroCurrency Volatility Index (EVZ) based on CurrencyShares Euro Trust (FXE) options.
GLD is an exchange-traded fund (ETF) that represents fractional, undivided interest in the SPDR Gold Trust, which primarily holds gold bullion. As such, the performance of GLD is intended to reflect the spot price of gold, less fund expenses. Following is a chart comparing GLD prices with the daily London gold price fixing ("Spot Gold").
Press Releases - July 31, 2008
February 28, 2011
April 4, 2011
GVZ Blogs - Apr. 20, 2011  April 7, 2011.
Futures on CBOE Gold ETF Volatility Index (GVZ) - Contract Specifications
Options on CBOE Gold ETF Volatility Index (GVZ) - Contract Specifications
CBOE Crude Oil Volatility Index (OVX) and CBOE GOLD ETF Volatility Index (GVZ) - 2-page PDF
CBOE Gold ETF Volatility Index (GVZ) - 2-page PDF
CBOE Options on SPDR Gold Shares (GLD)
Updated Price Charts
CBOE Gold ETF Volatility Index (GVZ): www.cboe.com/GVZ
5 year % change vs. S&P 500 Index (SPX) *
* The S&P 500 Index (SPX) is a price index that does not include reinvested dividends.
More Index Charts
Link to more Index Charts
Links for More Up-to-date Price Information
Price Quotes Page
Spreadsheets with Historical Price Data
CBOE Gold ETF Volatility Index historical prices
Historical Daily Prices - Spreadsheet with Closing Prices for Several Indexes
Historical Month-end Prices - Spreadsheet with Closing Prices for Several Indexes
In addition, Market Data Express gives users access to more than 16 years of historical options data
Options Profit-and-Loss Diagrams
* In the Protective Put and Buy-write diagrams, the faint grey line represents an equity position, and the colored "hockey-stick-shaped" line represents the combined stock plus options position. For more details, please click on strategies