As of 3:20 PM Eastern standard time, gold futures are trading under substantial pressure. The most active December Comex contract is currently down $11.50 and fixed at $1,191.80.

A combination of factors collectively have had a net positive effect on the pricing for gold futures today. The most prevalent factor moving gold prices higher today was dollar weakness.

Gold futures have shown a respectable gain on the day and, as of 4:15 PM Eastern standard time, the most active December Comex contracts are trading up $6.70 and currently fixed at $1,201.30.