Gold prices have rebounded from June's sharp correction, but RBC Capital Markets believes investors should be prepared for further volatility before the precious metal resumes its longer-term advance. Gold (XAU/USD) traded around $4,165 after recovering more than 3% in July, following an almost 12% decline in June that briefly pushed prices below $4,000. RBC says investors should not assume the recent rebound marks the start of a sustained rally. "While we remain of the view that gold's upside story is not over, there remains the risk of near-term weakness." The bank believes higher US interest rates and a stronger ... (full story)