It looks to me , that i should go for 1 Gold and 10 oil somehow.
Broadly speaking, you could say that gold and petroleum are inversely correlated.
One of the factors is that gold prices tend to lead moves in market sentiment, while oil price tends to follow economic growth. This is because, for example, investors will sell their gold in anticipation of the markets performing better. But, when the economy grows, demand for oil increases, meaning the price hike comes after the economy is already growing.
www.cmegroup.com/edu...atinum-and-gold.html
Broadly speaking, you could say that gold and petroleum are inversely correlated.
One of the factors is that gold prices tend to lead moves in market sentiment, while oil price tends to follow economic growth. This is because, for example, investors will sell their gold in anticipation of the markets performing better. But, when the economy grows, demand for oil increases, meaning the price hike comes after the economy is already growing.
www.cmegroup.com/edu...atinum-and-gold.html
