Commodity ratio · live
Hot-Rolled Coil Steel to Gold Ratio
The hot-rolled coil steel to gold ratio is 0.2577 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Gold at $4,645.34 per Troy Ounce.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hot-Rolled Coil Steel to Gold ratio
1.000 T of hot-rolled coil steel = 0.2577 T.oz of gold
Inverse (XAU/HRC-STEEL): 3.881 — one Troy Ounce of gold buys that much hot-rolled coil steel.
Above its 1 year average. (74th percentile of the last 1 year)
Hot-Rolled Coil Steel
$1,197.06
per Metric Ton
Gold
$4,645.34
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 hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 10:35:21 GMT.
1Y average
0.2329
median 0.2223
1Y low
0.1724
Jan 27, 2026
1Y high
0.3043
Jun 24, 2026
Normal band
0.1992–0.2666
mean ± 1 std dev
Deviation from mean
+0.74σ
337 observations
Hot-Rolled Coil Steel to Gold ratio charts
Pick a range once — it applies to the HRC-STEEL/XAU ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Gold price chart below.
HRC-STEEL/XAU ratio line
How many T.oz of Gold one T of Hot-Rolled Coil Steel buys, over 1Y.
HRC-STEEL/XAU ratio candles
Open, high, low and close of the HRC-STEEL/XAU ratio for each period in the last 1Y.
Hot-Rolled Coil Steel 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 hot-rolled coil steel to gold ratio
Hot-Rolled Coil Steel to Gold ratio = Hot-Rolled Coil Steel 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 hot-rolled coil steel — rather than a plain count.
Worked example, live prices: $1,197.06 ÷ $4,645.34 = 0.2577. The inverse is 3.881.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the hot-rolled coil steel to gold ratio today?
The hot-rolled coil steel to gold ratio is 0.2577 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Gold at $4,645.34 per Troy Ounce, from live mid-market prices.
How do you calculate the hot-rolled coil steel to gold ratio?
Divide the hot-rolled coil steel 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 hot-rolled coil steel.
What is the inverse of the hot-rolled coil steel to gold ratio?
The inverse, gold to hot-rolled coil steel, is 3.881 — how many Metric Tons of hot-rolled coil steel one Troy Ounce of gold buys.