That certainly sounds like ground, or a short.
Every time I've talked to someone with oil psi gauge problems it was either a problem with the sensor* or the gauge itself. I always tell people to put the car is option in the ACC position and if the gauge pegs out without the engine running you know it's the gauge. In your case with the gauge running intermittently that doesn't sound like that's the issue.
*Don't use a sensor from a G35. They're cheaper for a reason, they only have a switch for the warning light and do not support the constant monitoring gauge function.
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