Commodity ratio · live

Iron Ore 62% FE to Platinum Ratio

The iron ore 62% fe to platinum ratio is 0.05428 Iron Ore 62% FE at $98.02 per Metric Ton divided by Platinum at $1,805.98 per Troy Ounce.

Prices as of Sep 13, 2026, 10:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton
TIOC · USD per Metric Ton
PL · USD per Troy Ounce

Iron Ore 62% FE to Platinum ratio

0.05428-27.69% / 1Y

1.000 T of iron ore 62% fe = 0.05428 T.oz of platinum

Inverse (PL/TIOC): 18.42 — one Troy Ounce of platinum buys that much iron ore 62% fe.

Close to the middle of its 1 year range. (41th percentile of the last 1 year)

Iron Ore 62% FE

$98.02

per Metric Ton

Platinum

$1,805.98

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 Sun, 13 Sep 2026 10:28:38 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

1Y average

0.05677

median 0.05545

1Y low

0.03506

Jan 29, 2026

1Y high

0.07848

Sep 17, 2025

Normal band

0.04884–0.06469

mean ± 1 std dev

Deviation from mean

-0.31σ

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: $98.02 ÷ $1,805.98 = 0.05428. The inverse is 18.42.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4349.29
2XAGSilver64.53
3WTIOIL-FUTCrude Oil WTI Futures100.05
4BRENTOIL-FUTCrude Oil Brent Futures104.61
5NG-FUTNatural Gas Futures2.83
6PLPlatinum1805.98
7PAPalladium1309.60

Frequently asked questions

What is the iron ore 62% fe to platinum ratio today?

The iron ore 62% fe to platinum ratio is 0.05428 — Iron Ore 62% FE at $98.02 per Metric Ton divided by Platinum at $1,805.98 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 18.42 — how many Metric Tons of iron ore 62% fe one Troy Ounce of platinum buys.