Why? DEAD CAT BOUNCE? Actually a "courtesy spike" just to get the important people out of gold before the IMF dumps it. They are working closely with Wall Street to orchestrate the world market adjustments coming soon.
The IMF is resurrecting the US DOLLAR and some big players need to get out yet who haven't followed George Soros. Gold and silver are about to crash along with Wall Street. Just wait a few hours....developing...
Silver moved up also but the market is set to crash: