US yields lift again following stellar Empire index beat- Gold dips and rebounds

As just noted here a moment ago the US retail sales were slightly better, but it was the Empire Index that impressed me more than anything. That rise was simply off the graph- lifting too 31.2 from -11.9.- amazing. Well, after some very volatile price action the dollar is higher and rightly so given that data beat. Gold had traded to a high at $2,575.77 just ahead of all this, but it was already edging lower before this data sent it back down sharply. Gold fell immediately to a low at $2,561.35, but it has bounced off that now, as US treasury yields temper their initial reaction to the data. Gold is trading right now at $2,567.50