Gold: the ounce resists on the 1,275 dollars

The recovery of the ounce can be explained by the pause that currently marks the US dollar, after its recent revival against the euro in particular. As well as the relative decline in long-term interest rates, the yield of the ten-year Federal T-Note, which in recent days seemed to want to go down with 2.35%, midday. Gold, which by definition is zero, tends to fluctuate according to the rate environment.