Since Trump got elected as president, gold price fall has accelerated. At the same time, fears of inflation heightened given expectation of Trump's fiscal stimulus. The dramatic fall in bond prices is also caused by fears of inflation.
What puzzles me is that gold price has been falling despite the widespread fear of inflation this time round. Historically, when fear of inflation goes up, gold price goes up. This time, gold price behaved in the opposite manner. Why the unusual behavior this time round? What are the factors behind this anomaly?