Commodity ratio · live
Cotton to Gold Ratio
The cotton to gold ratio is 0.00001339 — Cotton at $1.87 per kilogram divided by Gold at $139,974.71 per kilogram.
Cotton is quoted per pound and gold per troy ounce, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Prices as of Sep 22, 2026, 2:41 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cotton to Gold ratio
1.000 kg of cotton = 0.00001339 kg of gold
Inverse (XAU/CT): 74696 — one kilogram of gold buys that much cotton.
Above its 1 year average. (84th percentile of the last 1 year)
Cotton
$1.87
per kilogram
Gold
$139,974.71
per kilogram
Unit basis: USD per kilogram ÷ USD per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number. Prices as of Tue, 22 Sep 2026 02:41:47 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Cotton is quoted per pound and gold per troy ounce, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
1Y average
0.00001139
median 0.00001134
1Y low
0.000007825
Jan 27, 2026
1Y high
0.00001505
Sep 1, 2026
Normal band
0.000009731–0.00001305
mean ± 1 std dev
Deviation from mean
+1.20σ
252 observations
Cotton to Gold ratio charts
Pick a range once — it applies to the CT/XAU ratio line, the OHLC candles and the Cotton / Gold price chart below.
CT/XAU ratio line
How many kg of Gold one kg of Cotton buys, over 1Y.
CT/XAU ratio candles
Open, high, low and close of the CT/XAU ratio for each period in the last 1Y.
Cotton 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 cotton to gold ratio
Cotton to Gold ratio = Cotton price in USD per kilogram ÷ Gold price in USD per kilogram
Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.
Cotton is quoted per pound and gold per troy ounce, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Worked example, live prices: $1.87 per kilogram ÷ $139,974.71 per kilogram = 0.00001339. The inverse is 74696.
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 | 4354.04 |
| 2 | XAG | Silver | 66.32 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 92.88 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 101.12 |
| 5 | NG-FUT | Natural Gas Futures | 2.84 |
| 6 | PL | Platinum | 1800.93 |
| 7 | PA | Palladium | 1312.20 |
Frequently asked questions
What is the cotton to gold ratio today?
The cotton to gold ratio is 0.00001339 — Cotton at $1.87 per kilogram divided by Gold at $139,974.71 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.
How do you calculate the cotton to gold ratio?
Divide the cotton price per kilogram by the gold price per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.
What is the inverse of the cotton to gold ratio?
The inverse, gold to cotton, is 74696 — how many kilograms of cotton one kilogram of gold buys.