Gold bugs were licking their chops earlier this year. The price of the yellow metal surged in January while stocks were tanking. It briefly topped $1,300 an ounce.
But the gold rally has come to an abrupt halt. Prices have plunged more than 11% from their highs earlier this year to about $1,150.
Much of the sell-off has taken place in the past few weeks as the dollar has strengthened.
That's key. Gold is often looked at as an alternative currency. It does well when investors are worried about the outlooks for the legal tender printed by governments.
There are no such concerns about the greenback right now.
What's next for gold? Surprisingly, some market experts are still bullish.
