Strong stocks and U.S. dollar are blocking gold’s major move up – RBC Wealth Management

(Kitco News) – A major move up in gold is being blocked by strong stocks and higher U.S. dollar, says RBC Wealth Management managing director George Gero. “Strong stocks, strong dollar are still headwinds for a larger rally for now until we see more economic, political and surprise headlines going forward,” Gero writes.

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