More Certainty in Gold than Oil

Reflecting on the post by Gregor, where he noted that gold was buying too much oil.The option market seems to think, that there is more uncertainty in the price of oil, than gold.  I’d like to point out, that plotting them on the same graph, has very little value.It’s the range where they currently sit, relative to their historic respective highs and lows.Oil is off ~20% off it’s highs, while Gold is off ~40%.  Oil’s IV is 2x higher than its low, while gold is sitting at only 1.75x higher.