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"What the Gold-to-Oil Ratio Reveals About Market Trends"
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"The gold-to-oil ratio has evolved over decades, with periods of stability and significant fluctuations. Since the 1980s, the ratio has typically traded within a range of 6 to 40, with a notable exception in 2020 when the ratio reached a high of 91.1 due to the COVID-19 pandemic. The ratio can indicate periods of outsized demand for energy or monetary uncertainty."
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