Like I said, it’s an unequal spread. Gold was up $70 one day last week and now it’s got only very modest growth. Monetary policies go through the market unequally and at different rates. There are other factors too. Oil was falling for a while. Now it’s going back up. The weakened dollar doesn’t help.
...and a new day brings a different story with oil down $25 from it’s peak yesterday (different contract) and the dollar rallying hard.