The gold market showed some initial strength and managed the early strength in the face of overt weakness in the rest of the metals complex. In fact, for a time the gold market was higher despite a modestly higher US Dollar. However, as the session progresses the strength of the Dollar rally and the breadth of the US equity market rally extended and that seemed to turn up the pressure on the gold market. Certainly it was premature to assume that a bailout package would pass, but apparently the markets were able to "hope" for passage. In the end, a sharp run up in energy prices were not even able to alter the mostly bearish tone toward gold.