Commodity ratio · live
Cobalt to Palladium Ratio
The cobalt to palladium ratio is 41.68 — Cobalt at $56,290.00 per Metric Ton divided by Palladium at $1,350.50 per Troy Ounce.
Prices as of Aug 24, 2026, 11:19 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Palladium ratio
1.000 T of cobalt = 41.681 T.oz of palladium
Inverse (PA/COB): 0.02399 — one Troy Ounce of palladium buys that much cobalt.
Above its 1 year average. (80th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Palladium
$1,350.50
per Troy Ounce
Unit basis: USD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of palladium per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 11:19:39 GMT.
1Y average
35.94
median 34.86
1Y low
25.99
Oct 9, 2025
1Y high
48.98
Jun 24, 2026
Normal band
30.34–41.54
mean ± 1 std dev
Deviation from mean
+1.03σ
311 observations
Cobalt to Palladium ratio charts
Pick a range once — it applies to the COB/PA ratio line, the OHLC candles and the Cobalt / Palladium price chart below.
COB/PA ratio line
How many T.oz of Palladium one T of Cobalt buys, over 1Y.
COB/PA ratio candles
Open, high, low and close of the COB/PA ratio for each period in the last 1Y.
Cobalt and Palladium prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cobalt to palladium ratio
Cobalt to Palladium ratio = Cobalt price per Metric Ton ÷ Palladium price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of palladium per Metric Ton of cobalt — rather than a plain count.
Worked example, live prices: $56,290.00 ÷ $1,350.50 = 41.68. The inverse is 0.02399.
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 cobalt to palladium ratio today?
The cobalt to palladium ratio is 41.68 — Cobalt at $56,290.00 per Metric Ton divided by Palladium at $1,350.50 per Troy Ounce, from live mid-market prices.
How do you calculate the cobalt to palladium ratio?
Divide the cobalt price per Metric Ton by the palladium 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 palladium per Metric Ton of cobalt.
What is the inverse of the cobalt to palladium ratio?
The inverse, palladium to cobalt, is 0.02399 — how many Metric Tons of cobalt one Troy Ounce of palladium buys.