>>"Gold is just a commodity, like oil, and like oil it's value is subject to constant fluctuation relative to money."
The value of the commodity is determined by its own supply and the demand for it. The fluctuation you refer to is not fluctuation in value but fluctuation in prices, which are nominal values. The money itself is fluctuating in value relative to its own quantity, not to the quantity of gold..
Every day, commodities like gold and oil establish a new price for the dollar, because they are of finite quantity and the fiat dollar is not. The dollar does not change the value of the gold; rather, the value of the dollar is always measured by how much gold or oil it can purchase.
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