Commodity ratio · live

Copper Futures to Palladium Ratio

The copper futures to palladium ratio is 0.004873 Copper Futures at $6.60 per Pound divided by Palladium at $1,354.30 per Troy Ounce.

Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Pound

Copper Futures to Palladium ratio

0.004873+21.51% / 1Y

1.000 Lb of copper futures = 0.004873 T.oz of palladium

Inverse (PA/HG-FUT): 205.2 — one Troy Ounce of palladium buys that much copper futures.

Above its 1 year average. (82th percentile of the last 1 year)

Copper Futures

$6.60

per Pound

Palladium

$1,354.30

per Troy Ounce

Unit basis: USD per Pound ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of palladium per Pound of copper futures. Prices as of Mon, 24 Aug 2026 12:24:14 GMT.

1Y average

0.003976

median 0.003777

1Y low

0.002695

Jan 29, 2026

1Y high

0.005325

Jun 26, 2026

Normal band

0.003332–0.004619

mean ± 1 std dev

Deviation from mean

+1.39σ

301 observations

Copper Futures to Palladium ratio charts

Pick a range once — it applies to the HG-FUT/PA ratio line, the OHLC candles and the Copper Futures / Palladium price chart below.

HG-FUT/PA ratio line

How many T.oz of Palladium one Lb of Copper Futures buys, over 1Y.

HG-FUT/PA ratio candles

Open, high, low and close of the HG-FUT/PA ratio for each period in the last 1Y.

Copper Futures 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 copper futures to palladium ratio

Copper Futures to Palladium ratio = Copper Futures price per Pound ÷ Palladium price per Troy Ounce

The two legs use different units, so the result is a rate — Troy Ounces of palladium per Pound of copper futures — rather than a plain count.

Worked example, live prices: $6.60 ÷ $1,354.30 = 0.004873. The inverse is 205.2.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the copper futures to palladium ratio today?

The copper futures to palladium ratio is 0.004873 — Copper Futures at $6.60 per Pound divided by Palladium at $1,354.30 per Troy Ounce, from live mid-market prices.

How do you calculate the copper futures to palladium ratio?

Divide the copper futures price per Pound 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 Pound of copper futures.

What is the inverse of the copper futures to palladium ratio?

The inverse, palladium to copper futures, is 205.2 — how many Pounds of copper futures one Troy Ounce of palladium buys.

Copper Futures to Palladium Ratio — 0.004873 Today | CommodityPriceAPI