Gold and oil have been two of the hottest trades of the past one year. One of them has to break

Gold pure gold bar models captured in Shanghai, China on March 15, 2026. Cfoto | Future Publishing | Getty Images Gold and oil have been two of the hottest trades of the last 12 months, but one could be causing the other to falter now. What's good for energy stocks may be bad for precious metals if the rally in crude means a rise in Treasury yields, which usually means lower gold prices. …