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

Range
Correlation coefficient: 0.668814

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

See also: Top commodity suppliers

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

MonthCrude Oil (petroleum) Price (Yen per Barrel)Gold Price (Yen per Troy ounce)Crude Oil (petroleum) ROCGold ROCCrude Oil (petroleum) / Gold Price Ratio
Aug 20204,606.44208,756.50--0.0221
Sep 20204,291.04203,128.80-6.85 %-2.70 %0.0211
Oct 20204,198.37199,950.90-2.16 %-1.56 %0.0210
Nov 20204,417.24194,891.105.21 %-2.53 %0.0227
Dec 20205,062.50193,069.1014.61 %-0.93 %0.0262
Jan 20215,558.11193,598.609.79 %0.27 %0.0287

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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