Commodity ratio · live
Coal to Gold Ratio
The coal to gold ratio is 0.02832 — Coal at $131.50 per Metric Ton divided by Gold at $4,643.08 per Troy Ounce.
Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Coal to Gold ratio
1.000 T of coal = 0.02832 T.oz of gold
Inverse (XAU/COAL): 35.31 — one Troy Ounce of gold buys that much coal.
Close to the middle of its 1 year range. (56th percentile of the last 1 year)
Coal
$131.50
per Metric Ton
Gold
$4,643.08
per Troy Ounce
Unit basis: USD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of gold per Metric Ton of coal. Prices as of Mon, 24 Aug 2026 10:27:59 GMT.
1Y average
0.02812
median 0.02788
1Y low
0.01945
Jan 27, 2026
1Y high
0.03751
Jun 10, 2026
Normal band
0.02463–0.03161
mean ± 1 std dev
Deviation from mean
+0.06σ
337 observations
Coal to Gold ratio charts
Pick a range once — it applies to the COAL/XAU ratio line, the OHLC candles and the Coal / Gold price chart below.
COAL/XAU ratio line
How many T.oz of Gold one T of Coal buys, over 1Y.
COAL/XAU ratio candles
Open, high, low and close of the COAL/XAU ratio for each period in the last 1Y.
Coal 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 coal to gold ratio
Coal to Gold ratio = Coal 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 coal — rather than a plain count.
Worked example, live prices: $131.50 ÷ $4,643.08 = 0.02832. The inverse is 35.31.
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 coal to gold ratio today?
The coal to gold ratio is 0.02832 — Coal at $131.50 per Metric Ton divided by Gold at $4,643.08 per Troy Ounce, from live mid-market prices.
How do you calculate the coal to gold ratio?
Divide the coal 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 coal.
What is the inverse of the coal to gold ratio?
The inverse, gold to coal, is 35.31 — how many Metric Tons of coal one Troy Ounce of gold buys.