A novel system structure of resonant fiber optical gyroscope using a parallel double hollow-core photonic crystal fiber ring resonator is proposed, which employs the double closed loop and reciprocal modulation–demodulation technique to solve the problem of the length mismatch between rings. This structure can suppress the residual amplitude modulation noise and laser frequency noise, essentially eliminating the influence of the Rayleigh backscattering noise and dramatically reduce the Kerr-effect-induced drift by three orders of magnitude. Thanks to its excellent noise suppression effect, the sensitivity of this novel system can approach the shot-noise-limited theoretical value of 8.94 × 10−7 rad/s assuming the length of the fiber ring resonator is 10 m.