Commodity ratio · live
Butter to Silver Ratio
The butter to silver ratio is 63.08 — Butter at $4,350.00 per Metric Ton divided by Silver at $68.96 per Troy Ounce.
Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Butter to Silver ratio
1.000 T of butter = 63.080 T.oz of silver
Inverse (XAG/BUTTER): 0.01585 — one Troy Ounce of silver buys that much butter.
Close to the middle of its 1 year range. (55th percentile of the last 1 year)
Butter
€4,350.00
per Metric Ton
Silver
$68.96
per Troy Ounce
Unit basis: EUR per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of silver per Metric Ton of butter. Prices as of Mon, 24 Aug 2026 10:29:51 GMT.
These two commodities are quoted in different currencies (EUR and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
73.10
median 61.87
1Y low
34.06
Jan 27, 2026
1Y high
180.5
Aug 24, 2025
Normal band
43.98–102.2
mean ± 1 std dev
Deviation from mean
-0.34σ
349 observations
Butter to Silver ratio charts
Pick a range once — it applies to the BUTTER/XAG ratio line, the OHLC candles and the Butter / Silver price chart below.
BUTTER/XAG ratio line
How many T.oz of Silver one T of Butter buys, over 1Y.
BUTTER/XAG ratio candles
Open, high, low and close of the BUTTER/XAG ratio for each period in the last 1Y.
Butter and Silver prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the butter to silver ratio
Butter to Silver ratio = Butter price per Metric Ton ÷ Silver price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of silver per Metric Ton of butter — rather than a plain count.
Worked example, live prices: $4,350.00 ÷ $68.96 = 63.08. The inverse is 0.01585.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the butter to silver ratio today?
The butter to silver ratio is 63.08 — Butter at $4,350.00 per Metric Ton divided by Silver at $68.96 per Troy Ounce, from live mid-market prices.
How do you calculate the butter to silver ratio?
Divide the butter price per Metric Ton by the silver 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 silver per Metric Ton of butter.
What is the inverse of the butter to silver ratio?
The inverse, silver to butter, is 0.01585 — how many Metric Tons of butter one Troy Ounce of silver buys.