While there are a variety of technical factors at work in the recent movement of gold, its inability to break out beyond the year's limits is indicative of an uncertainty about inflation.

There is no big news to report that is driving gold and silver today.

Gold tested resistance again, which may have tipped technical movements into the fundamental side of influences, that is, a steady pressure.

The least surprising aspect about today's jump in gold prices is not the fact that investors leapt at the bargain price presented at approximately 1311.