it's because what played out 2 days ago when BoE had to...

it's because what played out 2 days ago when BoE had to intervene in the bond market. Gold and most commodities gained since then.
If BoE did not intervene we would have seen most pension funds defaulting the very next day. This is how serious it was.

What the market now is predicting is US is not too far behind UK as yields in the US are also high while over 30% of all US listed companies are zombies.
Normally we would see yields and USD going up and markets and gold go down. Last night we saw yields retreating with DXY as well while markets still falling sharp and to everyone's surprise gold held the ground.

We have to see if the trend continues.