All the commodities have shot up including the industrial metals but the precious metals need to be contained to maintain the narrative that inflation is not a threat. However inflation is the main reason we've seen wheat, copper and corn vault higher.
If gold were to vault higher it's a huge red flag for money managers that inflation is here and as slange said it defies their whole fiat system based on fraud. Yellen recently said inflation was not a concern while they continue to inflate the money supply to the moon. Everyone who transacts in the real world sees a different story. So they can only keep the charade up for so long before nature takes its course.
Those who say gold is a rock/relic etc have no idea about macro economics or the debt system we are currently in. The banks have massive stockpiles of metal for a reason. What they do and say are two different things.
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