Gold continued July 8th’s upward trend, ending the day of trading on July 9th, at a fresh one-week high, with daily gains of just about 1%. While continued short-covering helped bolster prices, gains were limited by a soaring U.S. Dollar index.
Reference: http://www.meritgold.com/merit-gold-news-network-detail/merit-gold-news-network-july-9-2013