Gold prices are holding steady considering the dynamic upside swing witnessed today in U.S. equities. The Dow Jones Industrial Average is trading a full percentage point higher on the day.

Gold is trading under pressure for the first time since April 10th, when prices moved above long-standing resistance at 1262. The rally that followed the price breakout only served to drive prices even higher.

Although certainly not equal players, a multitude of factors contributed to today’s price advance in gold.