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

Range
6m 1y 5y 10y 15y 20y
Correlation coefficient: 0.174559

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
Sep 202313,625.65283,084.60--0.0481
Oct 202313,319.84286,530.50-2.24%1.22%0.0465
Nov 202312,190.92297,334.00-8.48%3.77%0.0410
Dec 202310,956.21293,175.60-10.13%-1.40%0.0374
Jan 202411,390.39298,294.203.96%1.75%0.0382
Feb 202412,037.43302,354.105.68%1.36%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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