Buyers have been bidding up gold to higher values over the last two days, although you would never would that by looking at the net change in prices.

Possibly one of the most important sources of economic information to be released this week is the minutes from the September FMOC meeting held by the Federal Reserve, which has been released today.

For the most part, gold has held on to the recent gains which occurred on Thursday of last week and continued into trading yesterday.