Relatively speaking the gold market held together well this morning in the face of severe deflationary action in the energy complex, ongoing weakness in equity prices and a further rise in the US Dollar. With the scheduled US economic data very weak and macro economic sentiment remaining very poor, the strength in gold prices seems to suggest that gold was seeing some form of flight to quality buying interest. Some traders have suggested that sharply declining Treasury yields have further reduced the amount of alternative investments in the marketplace and that historically low Treasury yields have begun to foster some longer term inflationary speculation in gold.