Commodity ratio · live
Cheese to Gold Ratio
The cheese to gold ratio is 0.0003466 — Cheese at $1.61 per Pound divided by Gold at $4,645.05 per Troy Ounce.
Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cheese to Gold ratio
1.000 Lb of cheese = 0.0003466 T.oz of gold
Inverse (XAU/CHE): 2885 — one Troy Ounce of gold buys that much cheese.
Below its 1 year average. (26th percentile of the last 1 year)
Cheese
$1.61
per Pound
Gold
$4,645.05
per Troy Ounce
Unit basis: USD per Pound ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of gold per Pound of cheese. Prices as of Mon, 24 Aug 2026 10:24:39 GMT.
1Y average
0.0003792
median 0.0003697
1Y low
0.0002496
Jan 27, 2026
1Y high
0.0005331
Sep 2, 2025
Normal band
0.0003235–0.0004350
mean ± 1 std dev
Deviation from mean
-0.59σ
338 observations
Cheese to Gold ratio charts
Pick a range once — it applies to the CHE/XAU ratio line, the OHLC candles and the Cheese / Gold price chart below.
CHE/XAU ratio line
How many T.oz of Gold one Lb of Cheese buys, over 1Y.
CHE/XAU ratio candles
Open, high, low and close of the CHE/XAU ratio for each period in the last 1Y.
Cheese 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 cheese to gold ratio
Cheese to Gold ratio = Cheese price per Pound ÷ Gold price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of gold per Pound of cheese — rather than a plain count.
Worked example, live prices: $1.61 ÷ $4,645.05 = 0.0003466. The inverse is 2885.
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 cheese to gold ratio today?
The cheese to gold ratio is 0.0003466 — Cheese at $1.61 per Pound divided by Gold at $4,645.05 per Troy Ounce, from live mid-market prices.
How do you calculate the cheese to gold ratio?
Divide the cheese price per Pound 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 Pound of cheese.
What is the inverse of the cheese to gold ratio?
The inverse, gold to cheese, is 2885 — how many Pounds of cheese one Troy Ounce of gold buys.