Well....There is a direct relationship between Oil spikes and Gold price increases..... An oil price spike will inevitably cause serious world wide inflation increase, which ultimately will lead to higher, much higher, gold prices.... How high? Hm......I would not be as optimistic as you....Around $1,200 in Australian currency of-course..... (which...which....I would not be surprised if it surpasses -significantly- its US counterpart in value).....
