Commodity ratio · live
Bitumen to Gold Ratio
The bitumen to gold ratio is 0.9763 — Bitumen at $4,544.00 per Metric Ton divided by Gold at $4,654.46 per Troy Ounce.
Prices as of Aug 24, 2026, 12:09 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Bitumen to Gold ratio
1.000 T of bitumen = 0.9763 T.oz of gold
Inverse (XAU/BIT): 1.024 — one Troy Ounce of gold buys that much bitumen.
Above its 1 year average. (79th percentile of the last 1 year)
Bitumen
¥4,544.00
per Metric Ton
Gold
$4,654.46
per Troy Ounce
Unit basis: CNY per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of gold per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 12:09:13 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.8513
median 0.8818
1Y low
0.6055
Jan 27, 2026
1Y high
1.152
Jun 10, 2026
Normal band
0.7175–0.9850
mean ± 1 std dev
Deviation from mean
+0.93σ
312 observations
Bitumen to Gold ratio charts
Pick a range once — it applies to the BIT/XAU ratio line, the OHLC candles and the Bitumen / Gold price chart below.
BIT/XAU ratio line
How many T.oz of Gold one T of Bitumen buys, over 1Y.
BIT/XAU ratio candles
Open, high, low and close of the BIT/XAU ratio for each period in the last 1Y.
Bitumen and Gold prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the bitumen to gold ratio
Bitumen to Gold ratio = Bitumen price per Metric Ton ÷ Gold price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of gold per Metric Ton of bitumen — rather than a plain count.
Worked example, live prices: $4,544.00 ÷ $4,654.46 = 0.9763. The inverse is 1.024.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the bitumen to gold ratio today?
The bitumen to gold ratio is 0.9763 — Bitumen at $4,544.00 per Metric Ton divided by Gold at $4,654.46 per Troy Ounce, from live mid-market prices.
How do you calculate the bitumen to gold ratio?
Divide the bitumen price per Metric Ton by the gold price per Troy Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Troy Ounces of gold per Metric Ton of bitumen.
What is the inverse of the bitumen to gold ratio?
The inverse, gold to bitumen, is 1.024 — how many Metric Tons of bitumen one Troy Ounce of gold buys.