Silver Volatility Hits a Decade-Long Low

The silver price have been range bound like its precious metal cousin gold, but ETF Securities U.S. research director Mike McGlone says the white metal is experiencing a decade-low in volatility. McGlone says this means silver could be due for a break out. Gold on Wednesday is trading up a few bucks a day after Russian President Vladimir Putin said he will draw troops back from the Ukraine border. That news sank prices on Wednesday. McGlone says gold will remain range-bound.