Commodity ratio · live
Cotton to Gold Ratio
The cotton to gold ratio is 0.0001911 — Cotton at $0.8900 per Pound divided by Gold at $4,657.66 per Troy Ounce.
Prices as of Aug 24, 2026, 12:11 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cotton to Gold ratio
1.000 Lb of cotton = 0.0001911 T.oz of gold
Inverse (XAU/CT): 5233 — one Troy Ounce of gold buys that much cotton.
Above its 1 year average. (82th percentile of the last 1 year)
Cotton
$0.8900
per Pound
Gold
$4,657.66
per Troy Ounce
Unit basis: USD per Pound ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of gold per Pound of cotton. Prices as of Mon, 24 Aug 2026 12:11:52 GMT.
1Y average
0.0001653
median 0.0001654
1Y low
0.0001141
Jan 27, 2026
1Y high
0.0002084
Jul 13, 2026
Normal band
0.0001421–0.0001886
mean ± 1 std dev
Deviation from mean
+1.11σ
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 T.oz of Gold one Lb 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 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 cotton — rather than a plain count.
Worked example, live prices: $0.8900 ÷ $4,657.66 = 0.0001911. The inverse is 5233.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the cotton to gold ratio today?
The cotton to gold ratio is 0.0001911 — Cotton at $0.8900 per Pound divided by Gold at $4,657.66 per Troy Ounce, from live mid-market prices.
How do you calculate the cotton to gold ratio?
Divide the cotton 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 cotton.
What is the inverse of the cotton to gold ratio?
The inverse, gold to cotton, is 5233 — how many Pounds of cotton one Troy Ounce of gold buys.