Commodity ratio · live
Iron Ore 62% FE to Platinum Ratio
The iron ore 62% fe to platinum ratio is 0.05511 — Iron Ore 62% FE at $99.33 per Metric Ton divided by Platinum at $1,802.39 per Troy Ounce.
Prices as of Sep 21, 2026, 7:09 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Platinum ratio
1.000 T of iron ore 62% fe = 0.05511 T.oz of platinum
Inverse (PL/TIOC): 18.15 — one Troy Ounce of platinum buys that much iron ore 62% fe.
Close to the middle of its 1 year range. (49th percentile of the last 1 year)
Iron Ore 62% FE
$99.33
per Metric Ton
Platinum
$1,802.39
per Troy Ounce
Unit basis: USD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of platinum per Metric Ton of iron ore 62% fe. Prices as of Mon, 21 Sep 2026 07:09:53 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
0.05635
median 0.05523
1Y low
0.03506
Jan 29, 2026
1Y high
0.07549
Sep 23, 2025
Normal band
0.04890–0.06380
mean ± 1 std dev
Deviation from mean
-0.17σ
202 observations
Iron Ore 62% FE to Platinum ratio charts
Pick a range once — it applies to the TIOC/PL ratio line, the OHLC candles and the Iron Ore 62% FE / Platinum price chart below.
TIOC/PL ratio line
How many T.oz of Platinum one T of Iron Ore 62% FE buys, over 1Y.
TIOC/PL ratio candles
Open, high, low and close of the TIOC/PL ratio for each period in the last 1Y.
Iron Ore 62% FE and Platinum 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 62% fe to platinum ratio
Iron Ore 62% FE to Platinum ratio = Iron Ore 62% FE price per Metric Ton ÷ Platinum price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of platinum per Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $99.33 ÷ $1,802.39 = 0.05511. The inverse is 18.15.
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 | 4351.19 |
| 2 | XAG | Silver | 66.04 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 97.66 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 101.17 |
| 5 | NG-FUT | Natural Gas Futures | 2.86 |
| 6 | PL | Platinum | 1803.88 |
| 7 | PA | Palladium | 1308.00 |
Frequently asked questions
What is the iron ore 62% fe to platinum ratio today?
The iron ore 62% fe to platinum ratio is 0.05511 — Iron Ore 62% FE at $99.33 per Metric Ton divided by Platinum at $1,802.39 per Troy Ounce, from live mid-market prices.
How do you calculate the iron ore 62% fe to platinum ratio?
Divide the iron ore 62% fe price per Metric Ton by the platinum 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 platinum per Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to platinum ratio?
The inverse, platinum to iron ore 62% fe, is 18.15 — how many Metric Tons of iron ore 62% fe one Troy Ounce of platinum buys.