Could it be that gold while appreciating in price, it's more a case of the US $ going down.
Percentage wise gold has not risen much in A$, C$, South African and Brazilian but has the highest in US and Chinese.
Now why chinese? Could it be that it is them pushing the buttons thus driving the price up in their currency?
Sorry about the mumbo jumbo today but it is a very rainy day in southern Ontario and not much to do.
Ed.