Commodity ratio · live
Iron Ore to Gold Ratio
The iron ore to gold ratio is 0.02187 — Iron Ore at $101.60 per Metric Ton divided by Gold at $4,646.37 per Troy Ounce.
Prices as of Aug 24, 2026, 11:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore to Gold ratio
1.000 T of iron ore = 0.02187 T.oz of gold
Inverse (XAU/IORECR): 45.73 — one Troy Ounce of gold buys that much iron ore.
Iron Ore
$101.60
per Metric Ton
Gold
$4,646.37
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 iron ore. Prices as of Mon, 24 Aug 2026 11:31:55 GMT.
Iron Ore to Gold ratio charts
Pick a range once — it applies to the IORECR/XAU ratio line, the OHLC candles and the Iron Ore / Gold price chart below.
IORECR/XAU ratio line
How many T.oz of Gold one T of Iron Ore buys, over 1Y.
No overlapping history for IORECR/XAU over 1Y. Try a longer range.
IORECR/XAU ratio candles
Open, high, low and close of the IORECR/XAU ratio for each period in the last 1Y.
No overlapping history for IORECR/XAU over 1Y. Try a longer range.
Iron Ore 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 iron ore to gold ratio
Iron Ore to Gold ratio = Iron Ore 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 iron ore — rather than a plain count.
Worked example, live prices: $101.60 ÷ $4,646.37 = 0.02187. The inverse is 45.73.
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 iron ore to gold ratio today?
The iron ore to gold ratio is 0.02187 — Iron Ore at $101.60 per Metric Ton divided by Gold at $4,646.37 per Troy Ounce, from live mid-market prices.
How do you calculate the iron ore to gold ratio?
Divide the iron ore 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 iron ore.
What is the inverse of the iron ore to gold ratio?
The inverse, gold to iron ore, is 45.73 — how many Metric Tons of iron ore one Troy Ounce of gold buys.