The historic gold/oil ratio is 18, currently it's at multi-year highs at 28.
If oil remains at it's current level it's almost certain gold will fall to and probably below its average.
At 18 the gold price will be $792.
The historic gold/oil ratio is 18, currently it's at multi-year highs at 28.
If oil remains at it's current level it's almost certain gold will fall to and probably below its average.
At 18 the gold price will be $792.
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