Gold and Oil Move Opposite Ways. Here’s Why That Matters | Metals Mine

  • Gold and Oil Move Opposite Ways. Here’s Why That Matters

    From goldsilver.com

    Gold and oil have always told different stories about the economy. Gold rises when investors want protection. Oil rises when the economy is running hot. That distinction matters more than ever right now — and understanding it could change how you think about your portfolio. In early May 2026, gold was trading near $4,700 per ounce. Meanwhile, Brent crude had swung from $61 at the start of the year to an intraday high of $126, before pulling back toward $95. WTI peaked around $105–$113 over the same period, with the Brent-WTI spread widening to $25 per barrel as Middle East supply disruptions hit Europe and Asia ... (full story)

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