3 ms·The run up in gold last year was due to need for US to obtain enough gold to cover these foreign transfers.by obtainr 28d agoThe run up in gold last year was due to need for US to obtain enough gold to cover these foreign transfers.hasteg 28d agoIs this true? Any sources? Been buying a lot of gold over the past year or so.permo-w 28d agosurely it was due to AIhasteg 28d agoAlright, seemed like it was a large jump the OP was making. Just was interested in knowing the reasoning for knowing why they thought that.