Yesterday Gold was dropping quick.

Today it is up $45 an oz.

When they took place in the past Republicans claimed the only reason was because no one had any faith in the Dems and they feared for the future.

Now that Republicans are in power in the House it looks like investors are really scared about the economy. That is, if you go with the Republican logic on this.

But all political hype aside... What is making the price of Gold jump like this? Is something going on overseas that could have caused it? It is the Fed buying bonds making people worried about inflation?