Sep 09, 2016 · For example, as of September 5th, oil was trading at $46.97/bbl and gold was at $1323.50/oz. So, the oil-gold price ratio was 0.035. In June 2014, when oil was at its highs, trading at $107.26/bbl ...

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At face value, the gold/oil ratio's decline could easily be taken as a sign that some sense of normalcy is returning to the markets. In this sense, the gold/oil ratio is an indicator of market sentiment. Still, one can't ignore the fundamentals at work in the underlying markets: global oil prices are being...

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