Today gold futures closed fractionally higher. As of 4:55 PM EST the most active August 2021, Comex contract gained $1.20 and is currently fixed at $1810.40.

It is a well-known fact that gold prices are extremely sensitive to the rise or fall of 10-year Treasury yields. The higher the yield in the 10-year note (interest paid to the purchaser) has an inverse correlation to the price of gold.

It seems, at least for today, equities traders are focusing upon rising inflation, while gold traders are largely ignoring the recent data.