Gold to Oil Ratio History, Oil to Gold Price Index 1960 to 2024
The ratio peaked around 2008, hit its low in April 2020 with gold at $1683 an ounce and oil at $21 a barrel, and stood 30% below its 1960s level in 2024.
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The ratio peaked around 2008, hit its low in April 2020 with gold at $1683 an ounce and oil at $21 a barrel, and stood 30% below its 1960s level in 2024.
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If everyone lived like the average resident of the UAE, humanity would need 5.8 Earths a year; like Americans, 4.9; like the British or Chinese, 2.4; like…
India (35) and Russia (27) follow, then Japan, Saudi Arabia, Iran and South Korea.
Global natural gas production was about 392.7 billion cubic feet a day in 2023, roughly 4,060 billion cubic metres a year, and reached 4.34 trillion cubic…
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We use about 50 billion tonnes of sand and gravel a year, mostly for concrete, faster than rivers and coasts replace it.
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