The price of gold has risen nearly 60 per cent year to date. Photo by Getty Images/iStockphoto

Gold and Canada’s big banks are behind the S&P/TSX Composite index ‘s big push above 30,000, with earnings season an upcoming hurdle the market will have to climb.

Canada’s leading index retook the 30,000 level this week after falling back during last Friday’s market rout over a re-emerging tariff fight between the United States and China.

Markets appear to have shaken that off for the time being as the price of gold continues to set records to the benefit of the commodities-heavy index.

“I think this is the market climbing the wall of worry, and we’re also seeing just a really nice rotation to the commodities, which Canada’s overweight. And the gold move has been tremendous, and I t

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