diff --git a/packages/xrpl/src/models/transactions/oracleSet.ts b/packages/xrpl/src/models/transactions/oracleSet.ts
index 0ba214ae..6b3f395d 100644
--- a/packages/xrpl/src/models/transactions/oracleSet.ts
+++ b/packages/xrpl/src/models/transactions/oracleSet.ts
@@ -130,6 +130,18 @@ export function validateOracleSet(tx: Record<string, unknown>): void {
         )
       }
 
+      // Either AssetPrice and Scale are both present or both excluded
+      if (
+        // eslint-disable-next-line @typescript-eslint/no-unsafe-member-access -- we are validating the type
+        (priceData.PriceData.AssetPrice == null) !==
+        // eslint-disable-next-line @typescript-eslint/no-unsafe-member-access -- we are validating the type
+        (priceData.PriceData.Scale == null)
+      ) {
+        throw new ValidationError(
+          'OracleSet: PriceDataSeries must have both `AssetPrice` and `Scale` if any are present',
+        )
+      }
+
       if (
         // eslint-disable-next-line @typescript-eslint/no-unsafe-member-access -- we are validating the type
         'AssetPrice' in priceData.PriceData &&
diff --git a/packages/xrpl/test/models/oracleSet.test.ts b/packages/xrpl/test/models/oracleSet.test.ts
index c9e1de81..18ce5d87 100644
--- a/packages/xrpl/test/models/oracleSet.test.ts
+++ b/packages/xrpl/test/models/oracleSet.test.ts
@@ -150,6 +150,22 @@ describe('OracleSet', function () {
     assert.throws(() => validate(tx), ValidationError, errorMessage)
   })
 
+  it(`throws w/ missing AssetPrice with Scale present of PriceDataSeries`, function () {
+    delete tx.PriceDataSeries[0].PriceData.AssetPrice
+    const errorMessage =
+      'OracleSet: PriceDataSeries must have both `AssetPrice` and `Scale` if any are present'
+    assert.throws(() => validateOracleSet(tx), ValidationError, errorMessage)
+    assert.throws(() => validate(tx), ValidationError, errorMessage)
+  })
+
+  it(`throws w/ missing Scale with AssetPrice present of PriceDataSeries`, function () {
+    delete tx.PriceDataSeries[0].PriceData.Scale
+    const errorMessage =
+      'OracleSet: PriceDataSeries must have both `AssetPrice` and `Scale` if any are present'
+    assert.throws(() => validateOracleSet(tx), ValidationError, errorMessage)
+    assert.throws(() => validate(tx), ValidationError, errorMessage)
+  })
+
   it(`throws w/ invalid AssetPrice of PriceDataSeries`, function () {
     tx.PriceDataSeries[0].PriceData.AssetPrice = '1234'
     const errorMessage = 'OracleSet: invalid field AssetPrice'