taking a brief hiatus and consolidating, the major rally in gold has reignited. Today gold prices surged, trading up approximately $17, as of 3:30 Eastern Standard Time. This takes pricing to the highest level seen since November.

Gold prices had been struggling and trading roughly $3.00 lower this morning. However prices firmed immediately following the release of the Fed minutes from the most recent FOMC meeting.

Gold prices hold steady, trimming losses from the strong sell-off that occurred in trading overseas last night and currently trading, in essence, unchanged.