How High Is Gold Going? Market's Focus On Risks Driving The Rally — RBC Capital Markets

From kitco.com

Gold’s massive rally is being driven by the markets’ changing perception of economic and geopolitical risks, RBC Capital Markets commodity strategist Chris Louney told Kitco News while warning that a rally of that size does not come without its vulnerabilities. “The risks have been in the market for quite a while. The market’s attitude towards them has changed — the Fed, trade worries and geopolitical concerns are all part of it,” Louney said on Tuesday. “All of these things mounted together ignited this shift in sentiment. We’ve seen that sort of rally in Comex gold, increases in ETFs. The question ... (full story)