Commodity ratio · live
US Premium Gasoline to Magnesium Ratio
The us premium gasoline to magnesium ratio is 0.0002970 — US Premium Gasoline at $5.02 per Gallon divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
US Premium Gasoline to Magnesium ratio
1.000 gal of us premium gasoline = 0.0002970 T of magnesium
Inverse (MG/GASPREM-US): 3367 — one Metric Ton of magnesium buys that much us premium gasoline.
Above its 1 year average. (80th percentile of the last 1 year)
US Premium Gasoline
$5.02
per Gallon
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Gallon ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Gallon of us premium gasoline. Prices as of Mon, 24 Aug 2026 11:31:09 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.0002923
median 0.0002953
1Y low
0.0002832
Jun 22, 2026
1Y high
0.0003018
Jul 27, 2026
Normal band
0.0002866–0.0002980
mean ± 1 std dev
Deviation from mean
+0.83σ
10 observations
US Premium Gasoline to Magnesium ratio charts
Pick a range once — it applies to the GASPREM-US/MG ratio line, the OHLC candles and the US Premium Gasoline / Magnesium price chart below.
GASPREM-US/MG ratio line
How many T of Magnesium one gal of US Premium Gasoline buys, over 1Y.
GASPREM-US/MG ratio candles
Open, high, low and close of the GASPREM-US/MG ratio for each period in the last 1Y.
US Premium Gasoline and Magnesium prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the us premium gasoline to magnesium ratio
US Premium Gasoline to Magnesium ratio = US Premium Gasoline price per Gallon ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Gallon of us premium gasoline — rather than a plain count.
Worked example, live prices: $5.02 ÷ $16,900.00 = 0.0002970. The inverse is 3367.
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 us premium gasoline to magnesium ratio today?
The us premium gasoline to magnesium ratio is 0.0002970 — US Premium Gasoline at $5.02 per Gallon divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the us premium gasoline to magnesium ratio?
Divide the us premium gasoline price per Gallon by the magnesium price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of magnesium per Gallon of us premium gasoline.
What is the inverse of the us premium gasoline to magnesium ratio?
The inverse, magnesium to us premium gasoline, is 3367 — how many Gallons of us premium gasoline one Metric Ton of magnesium buys.