Gold stood firm during the most recent turbulence across global markets. The precious metal reached a 52-week high, whereas most other assets crashed. Its precious metals siblings silver, platinum, and palladium were no exception. They sold off sharply and in line with risky assets. None of the precious metals siblings recovered their most recent highs back. They rebounded sharply but probably remained within a downside trend as their rally fades. Someone is probably wrong - either gold or the rest of the precious metals complex.
(Sources indicated on the chart)
Technical, behavioral, and fundamental evidence