I just replaced tanks on both my Mustangs. The connectors for the fuel pump and sending unit tend to disintegrate and leave the wires hanging. Probably why yours is grounded. If you look above the tank seam under the rear bumper just to the right of center, you will find the 4 pin connector for the pump and sending unit. Disconnect it and see if the gauge drops to empty. BTW... the gauge wires go toward the center of the tank, and the pump wires toward the filler pipe.