Gold prices are rising so much, and oil prices are falling so much, which is rare in history!

Wallstreetcn
2025.10.12 05:55
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The phenomenon of rising gold prices and falling oil prices is extremely rare in history. Bank of America’s Hartnett pointed out that although oil prices are relatively cheap, they may continue to decline, with expectations that oil prices could drop to $50 per barrel in the fourth quarter. This trend helps to reduce inflation, boost Trump’s approval ratings, and benefits consumers in the United States, the European Union, and Japan, while also promoting the demand for electricity in artificial intelligence. The increase in OPEC's supply and political agreements in the Middle East are also influencing oil prices