The knee-jerk market reaction to today's unexpected contraction in fourth-quarter U.S.
Now, risk assets are recovering their losses, and bonds and dollars are going back down.
Gold, however, keeps going higher. It topped out at $1682 and is trading just above $1680 right now. It was trading around $1665 before the GDP announcement at 8:30 AM.
Now, it's up 1.1 percent on the day after struggling in the past few sessions (click to enlarge):