The gold market surprised the trade this morning with the ability to rise on the back of a minor slide in the US Dollar. Perhaps the gold market was also lifted by resurgent strength in oil prices, or maybe the market was simply lifted by favorable employment readings within the New York Fed manufacturing report. In fact, the rally in the gold really seemed to start ahead of the actual New York Fed release and that would seem to tie the gold rally this morning a little closer to the oil market, which also gained momentum ahead of the first set of US economic figures. Surprisingly news of ongoing heavy flow of foreign investment into US Treasury Securities and US equities didn't embolden the Dollar bulls and that could foment talk the Dollar rally has run out of fuel. However, with the US Industrial Production readings coming in below expectations, it is possible that the Dollar will see the totality of the US numbers today as slightly bearish and that could leave gold supported.