When adjusted for inflation, gold prices were actually higher in September 2011. To hit an inflation-adjusted high, gold would have to rise another 10%, or $200, to $2,135. And the jump in gold prices seems to suggest that some investors agree with those negative forecasts — and are seeking ports in the storm to park their money. Why gold is shiningThe latest increase in gold prices also came as diplomatic tensions between the U.S. and China are rising. And uncertainty is often seen as good for gold prices.