Crude Oil (petroleum) vs Gold - Price Rate of Change Comparison

Range
6m 1y 5y 10y 15y 20y 25y 30y
Correlation coefficient: 0.045450

Description: Monthly comparison between the rate of change in the price of Crude Oil (petroleum) versus the rate of change in the price of Gold



Rate of ChangePrice Ratio

Source: World Bank.

See also: Energy production and consumption statistics

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See also: Commodities glossary - Definitions of terms used in commodity trading

MonthCrude Oil (petroleum) Price (US Dollars per Barrel)Gold Price (US Dollars per Troy Ounce)Crude Oil (petroleum) ROCGold ROCCrude Oil (petroleum) / Gold Price Ratio
Apr 200950.28890.20--0.0565
May 200958.15928.6515.65%4.32%0.0626
Jun 200969.15945.6718.92%1.83%0.0731
Jul 200964.67934.23-6.48%-1.21%0.0692
Aug 200971.63949.3810.76%1.62%0.0754
Sep 200968.35996.59-4.58%4.97%0.0686
Oct 200974.081,043.168.38%4.67%0.0710
Nov 200977.551,127.044.68%8.04%0.0688
Dec 200974.881,134.72-3.44%0.68%0.0660
Jan 201077.121,117.962.99%-1.48%0.0690
Feb 201074.761,095.41-3.06%-2.02%0.0682
Mar 201079.301,113.346.07%1.64%0.0712
Apr 201084.181,148.696.15%3.18%0.0733
May 201075.621,205.43-10.17%4.94%0.0627
Jun 201074.731,232.92-1.18%2.28%0.0606
Jul 201074.581,192.97-0.20%-3.24%0.0625
Aug 201075.831,215.811.68%1.91%0.0624
Sep 201076.121,270.980.38%4.54%0.0599
Oct 201081.721,342.027.36%5.59%0.0609
Nov 201084.531,369.893.44%2.08%0.0617
Dec 201090.011,390.556.48%1.51%0.0647
Jan 201192.691,360.462.98%-2.16%0.0681
Feb 201197.911,374.685.63%1.05%0.0712
Mar 2011108.651,423.2610.97%3.53%0.0763
Apr 2011116.241,480.896.99%4.05%0.0785
May 2011108.071,512.58-7.03%2.14%0.0714
Jun 2011105.851,529.36-2.05%1.11%0.0692
Jul 2011107.921,572.751.96%2.84%0.0686
Aug 2011100.491,759.01-6.88%11.84%0.0571
Sep 2011100.821,772.140.33%0.75%0.0569
Oct 201199.851,666.43-0.96%-5.97%0.0599
Nov 2011105.411,739.005.57%4.35%0.0606
Dec 2011104.231,639.97-1.12%-5.69%0.0636
Jan 2012107.071,654.052.72%0.86%0.0647
Feb 2012112.691,744.825.25%5.49%0.0646
Mar 2012117.791,675.954.53%-3.95%0.0703
Apr 2012113.671,649.20-3.50%-1.60%0.0689
May 2012104.091,589.04-8.43%-3.65%0.0655
Jun 201290.731,598.76-12.84%0.61%0.0568
Jul 201296.751,594.296.64%-0.28%0.0607
Aug 2012105.271,630.318.81%2.26%0.0646
Sep 2012106.281,744.810.96%7.02%0.0609
Oct 2012103.411,746.58-2.70%0.10%0.0592
Nov 2012101.171,721.64-2.17%-1.43%0.0588
Dec 2012101.191,684.760.02%-2.14%0.0601
Jan 2013105.101,671.853.86%-0.77%0.0629
Feb 2013107.641,627.572.42%-2.65%0.0661
Mar 2013102.521,593.09-4.76%-2.12%0.0644
Apr 201398.851,487.86-3.58%-6.61%0.0664
May 201399.371,414.030.53%-4.96%0.0703
Jun 201399.741,343.350.37%-5.00%0.0742
Jul 2013105.261,285.525.53%-4.30%0.0819
Aug 2013108.161,351.742.76%5.15%0.0800
Sep 2013108.761,348.600.55%-0.23%0.0806
Oct 2013105.431,316.58-3.06%-2.37%0.0801
Nov 2013102.631,275.86-2.66%-3.09%0.0804
Dec 2013105.481,221.512.78%-4.26%0.0864
Jan 2014102.101,244.27-3.20%1.86%0.0821
Feb 2014104.831,299.582.67%4.45%0.0807
Mar 2014104.041,336.08-0.75%2.81%0.0779
Apr 2014104.871,298.450.80%-2.82%0.0808
May 2014105.711,288.740.80%-0.75%0.0820
Jun 2014108.371,279.102.52%-0.75%0.0847
Jul 2014105.231,310.59-2.90%2.46%0.0803
Aug 2014100.051,295.13-4.92%-1.18%0.0773
Sep 201495.851,236.55-4.20%-4.52%0.0775
Oct 201486.081,222.49-10.19%-1.14%0.0704
Nov 201476.991,175.33-10.56%-3.86%0.0655
Dec 201460.701,200.62-21.16%2.15%0.0506
Jan 201547.111,250.75-22.39%4.18%0.0377
Feb 201554.791,227.0816.30%-1.89%0.0447
Mar 201552.831,178.63-3.58%-3.95%0.0448
Apr 201557.541,198.938.92%1.72%0.0480
May 201562.511,198.638.63%-0.03%0.0522
Jun 201561.311,181.50-1.92%-1.43%0.0519
Jul 201554.341,128.31-11.37%-4.50%0.0482
Aug 201545.691,117.93-15.92%-0.92%0.0409
Sep 201546.281,124.771.29%0.61%0.0411
Oct 201546.961,159.251.47%3.07%0.0405
Nov 201543.111,086.44-8.20%-6.28%0.0397
Dec 201536.571,075.74-15.17%-0.98%0.0340
Jan 201629.781,097.91-18.57%2.06%0.0271
Feb 201631.031,199.504.20%9.25%0.0259
Mar 201637.341,245.1420.34%3.80%0.0300
Apr 201640.751,242.269.13%-0.23%0.0328
May 201645.941,260.9512.74%1.50%0.0364
Jun 201647.691,276.403.81%1.23%0.0374
Jul 201644.131,336.66-7.46%4.72%0.0330
Aug 201644.881,340.171.70%0.26%0.0335
Sep 201645.041,326.610.36%-1.01%0.0340
Oct 201649.291,266.559.44%-4.53%0.0389
Nov 201645.261,238.35-8.18%-2.23%0.0365
Dec 201652.621,157.3616.26%-6.54%0.0455
Jan 201753.591,192.101.84%3.00%0.0450
Feb 201754.351,234.201.42%3.53%0.0440
Mar 201750.901,231.42-6.35%-0.23%0.0413
Apr 201752.161,266.882.48%2.88%0.0412
May 201749.891,246.04-4.35%-1.64%0.0400
Jun 201746.171,260.26-7.46%1.14%0.0366
Jul 201747.661,236.843.23%-1.86%0.0385
Aug 201749.941,283.044.78%3.74%0.0389
Sep 201752.951,314.076.03%2.42%0.0403
Oct 201754.921,279.513.72%-2.63%0.0429
Nov 201759.931,281.909.12%0.19%0.0468
Dec 201761.191,264.452.10%-1.36%0.0484
Jan 201866.231,331.308.24%5.29%0.0497
Feb 201863.461,330.73-4.18%-0.04%0.0477
Mar 201864.171,324.661.12%-0.46%0.0484
Apr 201868.791,334.767.20%0.76%0.0515
May 201873.431,303.456.75%-2.35%0.0563
Jun 201871.981,281.57-1.97%-1.68%0.0562
Jul 201872.671,237.710.96%-3.42%0.0587
Aug 201871.081,201.71-2.19%-2.91%0.0591
Sep 201875.361,198.396.02%-0.28%0.0629
Oct 201876.731,215.391.82%1.42%0.0631
Nov 201862.321,220.65-18.78%0.43%0.0511
Dec 201853.961,250.40-13.41%2.44%0.0432
Jan 201956.581,291.754.86%3.31%0.0438
Feb 201961.131,320.078.04%2.19%0.0463
Mar 201963.791,300.904.35%-1.45%0.0490
Apr 201968.581,285.917.51%-1.15%0.0533
May 201966.831,283.70-2.55%-0.17%0.0521
Jun 201959.761,359.04-10.58%5.87%0.0440
Jul 201961.481,412.892.88%3.96%0.0435
Aug 201957.671,500.41-6.20%6.19%0.0384
Sep 201960.041,510.584.11%0.68%0.0397
Oct 201957.271,494.81-4.61%-1.04%0.0383
Nov 201960.401,470.795.47%-1.61%0.0411
Dec 201963.351,479.134.88%0.57%0.0428
Jan 202061.631,560.67-2.72%5.51%0.0395
Feb 202053.351,597.10-13.44%2.33%0.0334
Mar 202032.201,591.93-39.64%-0.32%0.0202
Apr 202021.041,683.17-34.66%5.73%0.0125
May 202030.381,715.9144.39%1.95%0.0177
Jun 202039.461,732.2229.89%0.95%0.0228
Jul 202042.071,846.516.61%6.60%0.0228
Aug 202043.441,968.633.26%6.61%0.0221
Sep 202040.601,921.92-6.54%-2.37%0.0211
Oct 202039.901,900.27-1.72%-1.13%0.0210
Nov 202042.301,866.306.02%-1.79%0.0227
Dec 202048.731,858.4215.20%-0.42%0.0262
Jan 202153.601,866.989.99%0.46%0.0287
Feb 202160.461,808.1712.80%-3.15%0.0334
Mar 202163.831,718.235.57%-4.97%0.0371
Apr 202162.951,760.04-1.38%2.43%0.0358
May 202166.401,850.265.48%5.13%0.0359
Jun 202171.801,834.578.13%-0.85%0.0391
Jul 202173.281,807.842.06%-1.46%0.0405
Aug 202168.871,785.28-6.02%-1.25%0.0386
Sep 202172.801,775.145.71%-0.57%0.0410
Oct 202182.061,776.8512.72%0.10%0.0462
Nov 202179.921,821.76-2.61%2.53%0.0439
Dec 202172.871,790.43-8.82%-1.72%0.0407
Jan 202283.921,816.0215.16%1.43%0.0462
Feb 202293.541,856.3011.46%2.22%0.0504
Mar 2022112.401,947.8320.16%4.93%0.0577
Apr 2022103.411,936.86-8.00%-0.56%0.0534
May 2022110.101,848.506.47%-4.56%0.0596
Jun 2022116.801,836.576.09%-0.65%0.0636
Jul 2022105.081,732.74-10.03%-5.65%0.0606
Aug 202295.971,764.56-8.67%1.84%0.0544
Sep 202288.221,680.78-8.08%-4.75%0.0525
Oct 202290.331,664.452.39%-0.97%0.0543
Nov 202287.381,725.07-3.27%3.64%0.0507
Dec 202278.071,797.55-10.65%4.20%0.0434
Jan 202380.411,897.713.00%5.57%0.0424
Feb 202380.251,854.54-0.20%-2.27%0.0433
Mar 202376.471,912.73-4.71%3.14%0.0400
Apr 202382.461,999.777.83%4.55%0.0412
May 202374.121,992.13-10.11%-0.38%0.0372
Jun 202373.261,942.90-1.16%-2.47%0.0377
Jul 202378.981,951.027.81%0.42%0.0405
Aug 202384.721,918.707.27%-1.66%0.0442
Sep 202392.221,915.958.85%-0.14%0.0481
Oct 202389.081,916.25-3.40%0.02%0.0465
Nov 202381.351,984.11-8.68%3.54%0.0410
Dec 202375.722,026.18-6.92%2.12%0.0374
Jan 202477.672,034.042.58%0.39%0.0382
Feb 202480.552,023.243.71%-0.53%0.0398

Top Companies

Saudi Aramco
Website: http://www.saudiaramco.com/
Location: Dhahran, Saudi Arabia
Estimated Production: 8.5 million barrels per day

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