Friday , 19 April 2024

Tag Archives: black gold

Physical Gold vs. Black Gold: A Comparison (+2K Views)

Since gold is physical liquid money and oil is an essential commodity for the economy, it is normal that they correlate negatively in real prices. When the economy goes well, demand for oil increases, whereas demand for gold diminishes. However, if inflation hits, the nominal prices of both assets increases at the same time with inflation

Read More »