In spite of an assist from a strong euro/weaker dollar, which would push gold prices higher, the yellow precious metal Is down today in regular trading.

Unusually, gold took its cues from a powering-up U.S. economy. This at first seems counterintuitive.

Gold pulled back today in the face of stronger equities, a solid rise in the dollar and new weakness in oil. It is a good time to remind ourselves, though, that gold is up 2-1/4% in the last month.