Gold/Oil Ratio today: chart and history
Data updated October 13, 2026
44.21barrels per oz of gold−36.3% in 1 year
The gold/oil ratio is the gold price per ounce divided by the WTI crude price per barrel, i.e. how many barrels one ounce of gold buys. On October 13, 2026 it stood at 44.21, below its one-year average (−1.2 standard deviations).
How many barrels an ounce of gold buys: rises when energy weakens against monetary metals.
Where it stands
- Latest
- 44.21
- Change 1 year
- −36.3%
- 1-year low
- 40.56
- 1-year high
- 85.74
- z-score vs 1-year average
- -1.18
- Percentile, 1 years
- 5
- History
- 1.5 years
- Unit
- barrels per oz of gold
Gold/Oil Ratio history
Questions
How is the gold/oil ratio calculated?
It is the gold price per ounce divided by the WTI crude price per barrel, i.e. how many barrels one ounce of gold buys. MEDGE computes it from daily spot closes on the dates both prices are available.
What is the gold/oil ratio today?
On October 13, 2026 it was 44.21 barrels per oz of gold, below its one-year average. Over the last year it ranged between 40.56 and 85.74; today's value sits at the 5th percentile of the last 1 years.
What does the gold/oil ratio tell you?
How many barrels an ounce of gold buys: rises when energy weakens against monetary metals.
Related
Source: MarketStack commodity prices. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.