First, the relationship between price and currency. Because oil and gold are priced in dollars internationally, the relationship between them is inversely proportional, that is, the dollar goes up-oil and gold go down; The dollar fell, while oil and gold rose.
Secondly, varieties hedge against competition. This comes from two products that are also investment products. When gold is sought after, oil investors will turn their money to gold, which will lead to a drop in oil prices. When oil became popular, gold investors turned to oil.
Again, it doesn't matter In fact, sometimes the relationship between the two is not too big. Everything is influenced by different factors. If we are too obsessed with the balance of various factors, it will affect our thinking.
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