---
title: "The gold-oil ratio approaches historical highs, institutions believe that strong gold prices and weak oil prices may be difficult to reverse in the long term"
description: "Recently, the international gold and oil markets have shown a clear divergence, with gold prices soaring to over $4,300 per ounce, setting a new historical high, while WTI crude oil futures prices fel"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262123093.md"
published_at: "2025-10-21T21:57:20.000Z"
---

# The gold-oil ratio approaches historical highs, institutions believe that strong gold prices and weak oil prices may be difficult to reverse in the long term

> Recently, the international gold and oil markets have shown a clear divergence, with gold prices soaring to over $4,300 per ounce, setting a new historical high, while WTI crude oil futures prices fell below $56 per barrel, reaching a new low for the year, resulting in a significant increase in the gold-oil ratio. Analysts believe that the rise in gold prices is influenced by expectations of interest rate cuts by the Federal Reserve, risk aversion sentiment, and weakening dollar credit; meanwhile, the decline in oil prices is due to oversupply and weakened demand. In the short term, gold prices may face profit-taking pressure, but in the long term, the situation of strong gold prices and weak oil prices is unlikely to fundamentally change

Recently, the international gold and oil markets have shown a distinct divergence. Gold prices have surged, with the New York Mercantile Exchange gold futures price once soaring above $4,300 per ounce, setting new historical highs; meanwhile, oil prices have remained under pressure, with U.S. WTI crude oil futures dropping below $56 per barrel, marking a new low since early May this year, leading to a significant rise in the gold-oil ratio.

Industry insiders indicate that the recent increase in gold prices is mainly attributed to heightened expectations of interest rate cuts by the Federal Reserve, a rise in market risk aversion, and a weakening of the U.S. dollar's credit; the decline in oil prices is primarily influenced by the industrial fundamentals, with the contradictions of oversupply and weakening demand becoming more pronounced. In the short term, due to the rapid increase in gold prices recently, there may be profit-taking pressure, which could drag down the gold-oil ratio. However, from a long-term trend perspective, a fundamental reversal of the strong gold and weak oil price situation may be difficult to occur

### Related Stocks

- [USO.US - United States Oil Fund LP](https://longbridge.com/en/quote/USO.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 对于伊朗和油价，特朗普是 “自信过头” 还是 “姿态做足”？ | 彭博专栏作者哈维尔·布拉斯表示，白宫不应仅凭去年轰炸伊朗未引发油价飙升，就断定未来军事行动不会冲击能源市场。尽管美国能源部长赖特将油价平稳归功于 “能源主导议程” 与创纪录产量，但市场韧性不等于免疫。若美方误判伊朗以石油为武器的反击底线，中 | [Link](https://longbridge.com/en/news/276327905.md) |
| 这一次不一样？美军 “最早本周末打击伊朗”，油价会如何？ | 美伊局势骤燃，美军已集结起自 2003 年伊拉克战争以来最大规模的空中力量。与去年 25 分钟的速战不同，此次潜在行动或持续数周，目标直指伊朗核设施与导弹库。市场正评估供应中断风险，极端情景下油价恐突破 130 美元。尽管武力威慑升级，但大 | [Link](https://longbridge.com/en/news/276294697.md) |
| 燃料价格趋势揭示了在加油站加油的最佳时机 | 你注意到油价在一周内波动，并希望找到一种简单实用的方法来 […] | [Link](https://longbridge.com/en/news/276486751.md) |
| 油价下跌，投资者正在评估美伊紧张局势的发展轨迹 | 油价在亚洲早盘交易中小幅下跌，投资者评估美国与伊朗之间的紧张局势。布伦特原油期货下跌 0.2%，至每桶 70.23 美元，而 WTI 原油下滑 0.1%，至 65.11 美元。尽管近期上涨了 4%，但对潜在供应中断的担忧依然存在。分析师表示 | [Link](https://longbridge.com/en/news/276292319.md) |
| 由于金价飙升，南非的 Gold Fields 利润增长超过一倍 | 金田公司（Gold Fields）在周四表示，其全年利润超过翻倍，主要受益于创纪录的黄金价格和产量增加。这家南非黄金矿业公司在截至 2025 年 12 月的财年中每股收益为 2.88 美元，较前一年的 1.33 美元大幅上升 | [Link](https://longbridge.com/en/news/276302234.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.