Honestly...I have to wonder why a falling US dollar should have any effect on the price of gold worldwide at all.
Yes, it should cause gold to soar in US dollar terms, but it shouldn't change at all in any other currency as long as that currency is sound.
For example, I don't think the current account in Canadian dollars has changed much, so why is gold moving up in Canadian dollars? Unless it moves up because of more dollars being created. But Canada has been creating dollars at more or less the same rate for decades, I imagine. So why all of a sudden is gold going up in my currency?
Think about that for a while and someone please try to give me an answer.