With only one trading day left for the calendar year 2019, gold is benefiting from US dollar weakness and thin holiday volume. Today’s volume in the February contract of gold futures is only 204,993.

Despite some selling pressure dollar weakness has kept pricing afloat, with gold futures trading fractionally higher on the day.

It is an odd occurrence when U.S. equities and the precious metals complex run in tandem and gain value at the same time.