Gold Out Performing
Year to date gold has been out performing every other financial asset except for 5.
Check out chart 4:
https://www.zerohedge.com/markets/here-are-best-and-worst-performing-assets-august-and-ytd
While gold has been falling in USD it has not fallen very much in Canadian dollars as the CDN has also been falling against the USD. Canadian miners pay expenses in Canadian dollars but get their revenue in USD.
https://www.bullion-rates.com/gold/CAD/Year-1-chart.htm
The rise in the USD is a temporary reaction to the flight from equities to the safe haven of the USD.
This will not last long as global macro conditions will smash the dollar back down as soon as the bear panic in equities has reduced equities back to reasonable valuations where participants will reenter the stock markets.