Why the gold price and stock markets are disconnecting

The price of gold has rallied sharply from the intra-day low of $1,182.60 an ounce hit on June 28, but remains down 19% for the year.

While the stock market continues to set record highs in the US, gold is headed for its first annual loss in 13 years.

Bloomberg takes a look at the reasons why bullion is underperfoming the S&P 500 by the biggest margin since the 1997 Asian financial crisis this year.

Read More: www.mining.com/why-the-gold-price-and-stocks-disconnect-49173/