Gold is money and people need money so the price for gold does vary dramatically or at least consider it to have a very wide range whether its being considered positive or negative in a trend between years. It is years it moves in though we have a spot price, thats the magic of the market but the real physical deals of gold are taken with the full advantage that it never changes and it sits there for security value price high or low. I want to dig out the gold price post Nixon shock and we came off the fix back then, if we want volatility comparison that'd be it because that was the end of almost many decades worth of being sat on. I'll post it later but massive sells seems normal. This oil being so cheap is a gift to miners, the gold ones just happen to have a product which even with falls is way above their cost. Not sure about other commodity metals as much as they are industrial and gold relates to money and volatility, trade between countries. [also with sterling lowest rates ever, weak as hell consider gold in GBP] Shell doing very well, some of this is relief rally and some just it was too cheap even if oil price sucks for a year or so.