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Gold surged during the deflationary period after the Great Depression for several reasons:

1. Confidence in the US dollar was shaken: During the Great Depression, many banks and businesses failed, leading to a loss of confidence in the US dollar. As a result, investors sought safer assets to protect their wealth, and gold was seen as a store of value and a safe-haven asset.
2. The gold standard: At the time, the US was on the gold standard, which meant that the US dollar was pegged to the value of gold. As deflation caused the general price level to decline, the value of gold, in terms of US dollars, increased. This made gold a more attractive asset for investors.
3. Government policies: To combat the Great Depression, the US government implemented a number of policies that increased the money supply, including devaluing the US dollar by increasing the price of gold. This led to an increase in the nominal price of gold and made it more attractive to investors.
4. Geopolitical uncertainty: The rise of fascism in Europe and the outbreak of World War II increased geopolitical uncertainty and led to a flight to safe-haven assets like gold.

Overall, the combination of a loss of confidence in the US dollar, the gold standard, government policies, and geopolitical uncertainty all contributed to the surge in the price of gold during the deflationary period after the Great Depression.  If you have read a lot you will see a recurring story, fear, lack of trust, too much debt, fear of war, inflation all usually lead to the rise in precious metal prices.