Answer is simple:
1) China is top gold producer
2) China is second largest oil consumer
perthmintbullion.com/blog/blog/15-05-11/Who_Are_The_Top_Gold_Producing_Countries.aspx
en.wikipedia.org/wiki/List_of_countries_by_oil_consumption
WTI Oil priced in gold is currently at historical minimums and is still on risk to fall further...
1) China is top gold producer
2) China is second largest oil consumer
perthmintbullion.com/blog/blog/15-05-11/Who_Are_The_Top_Gold_Producing_Countries.aspx
en.wikipedia.org/wiki/List_of_countries_by_oil_consumption
WTI Oil priced in gold is currently at historical minimums and is still on risk to fall further...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.