The study looked at how the prices of gold futures in China and West Texas Intermediate (WTI) crude oil futures are related. They found that there is a long-term connection between the two markets. The price of WTI crude oil futures influences the domestic gold spot price, but the gold price can also impact the oil futures price. This means that the gold futures market in China plays a role in guiding both markets. Overall, there is a stable relationship between the prices of China's gold futures and WTI crude oil futures.