All things considered Gold holds up pretty well so far

Given the surge in the USD/JPY and corresponding rise in US yields one might be forgiven for thinking Gold should have taken a beating. Well, it did initially crumble from above $2,470 yesterday afternoon, to a low around $2,432.50, as the US data sent bonds tumbling and the dollar shooting higher. However, gold did gradually edge up from that low and later closed in the US at $2,356.79. It has traded to just above $2,460 earlier today, but it has backed-off again just now. So, all things considered, the metal has actually performed quite well, given the headwinds seen yesterday are largely still in place today.  The question is; will Gold continue to perform that well as the session develops? The range seen so far has been covered by $2,450.84 to $2,460.06. It is currently trading at $2,453.05