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Gold in Crude Oil - Today's Featured Chart

Using the price of crude oil versus the price of gold, we can determine the value change between the two commodities and discover the shift in value in terms of price between the two. As expected, when oil prices starting falling from 2014, the ratio began climbing and the ratio of gold price to oil price starting climbing from just above 12 times to almost 42 times in 2016. The climb was more than 3 times. As of the time of writing, the ratio is sitting at about 25 times. This current ratio sits almost in the middle of the chart. Where will it go next? What does this mean for gold and crude oil prices? These are interesting questions to find out. Published: 23.10.17 Gold in Crude Oil

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Gold in Crude Oil

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