In light of an incredibly strong U.S. dollar or, more appropriately, a dramatically lower Eurodollar, gold has managed to hold onto gains.

Gold futures finished near the highs of the day, and as of 4:00 PM Eastern standard time is trading up $4.50 at $1,303.90. Gold had been trading fractionally higher at just before the conclusion of this month’s FOMC meeting.

The G7 meeting, which ended in discord on Friday, had little if any effect on precious metals pricing.