Commodity ratio · live
Cobalt to Gold Ratio
The cobalt to gold ratio is 12.12 — Cobalt at $56,290.00 per Metric Ton divided by Gold at $4,645.02 per Troy Ounce.
Prices as of Aug 24, 2026, 11:21 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Gold ratio
1.000 T of cobalt = 12.118 T.oz of gold
Inverse (XAU/COB): 0.08252 — one Troy Ounce of gold buys that much cobalt.
Close to the middle of its 1 year range. (54th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Gold
$4,645.02
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 cobalt. Prices as of Mon, 24 Aug 2026 11:21:32 GMT.
1Y average
11.88
median 12.03
1Y low
8.622
Oct 5, 2025
1Y high
14.28
Jun 29, 2026
Normal band
10.57–13.19
mean ± 1 std dev
Deviation from mean
+0.18σ
337 observations
Cobalt to Gold ratio charts
Pick a range once — it applies to the COB/XAU ratio line, the OHLC candles and the Cobalt / Gold price chart below.
COB/XAU ratio line
How many T.oz of Gold one T of Cobalt buys, over 1Y.
COB/XAU ratio candles
Open, high, low and close of the COB/XAU ratio for each period in the last 1Y.
Cobalt 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 cobalt to gold ratio
Cobalt to Gold ratio = Cobalt 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 cobalt — rather than a plain count.
Worked example, live prices: $56,290.00 ÷ $4,645.02 = 12.12. The inverse is 0.08252.
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 gold ratio today?
The cobalt to gold ratio is 12.12 — Cobalt at $56,290.00 per Metric Ton divided by Gold at $4,645.02 per Troy Ounce, from live mid-market prices.
How do you calculate the cobalt to gold ratio?
Divide the cobalt 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 cobalt.
What is the inverse of the cobalt to gold ratio?
The inverse, gold to cobalt, is 0.08252 — how many Metric Tons of cobalt one Troy Ounce of gold buys.