1 outlet

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

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.

First seen · 3:04 PM UTCMay 5, 2026

How it's being covered

Methodology →

LeftCenterRight

0Left · 0%0Center-Left · 0%1Center · 100%0Center-Right · 0%0Right · 0%

Covering this story

Sorted left → right

CNBC
CenterNBCUniversal
Gold and oil have been two of the hottest trades of the past one year. One of them has to breakWhat'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.
3:04 PM UTC

Also happening today

All today →

Culture

Kodomo no Hi

Japan's Children's Day, part of Golden Week. Families fly koinobori — carp-shaped windsocks — outside their homes, one for each child. The carp swims upstream; so should you.

Open →

Culture

Cinco de Mayo

Commemorates Mexico's 1862 victory at the Battle of Puebla. A regional observance in Mexico, a much louder party in the US than it ever was south of the border.