The intrinsic value of a dollar is zero.
The intrinsic value of 1 ounce of gold is 1 ounce.
In times of financial change, money and its derivatives return to their inherent intrinsic values.
Gold is NOT rising in value, it is maintaining it. Dollar is losing its value, reflected in the price of gold in dollars.
Gold has already hit past the $3,400 handle. Next up is $3,500 and as it goes up the US Dollar gets even more worthless.
You cannot eat an ounce!