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Don't Believe This Common Myth About the Oil and Gold Prices Relationship
The oil and gold prices relationship is often thought of as being tightly correlated.
That means a gaining oil price typically also means a gaining gold price - and vice versa.
However, as this chart shows, this isn't always the case for these two commodities...
The oil and gold prices relationship is often thought of as being tightly correlated.
That means a gaining oil price typically also means a gaining gold price - and vice versa.
However, as this chart shows, this isn't always the case for these two commodities...