1.Gold price is not only related to inflation, but related to inflation and stocks price.
For example, in 1941 and 1942,US inflation was 9.9% and 9%,(in 1940 0.7%);in 1946 and 1947 inflation was 18.1% and 8.8% (in 1945 2.2%).Gold price stayed at 33-34 from 1940-1947.While Dow rose big during...