Commodity ratio · live
Lead Futures to Palladium Ratio
The lead futures to palladium ratio is 1.414 — Lead Futures at $1,910.33 per Metric Ton divided by Palladium at $1,350.80 per Troy Ounce.
Prices as of Aug 24, 2026, 11:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lead Futures to Palladium ratio
1.000 T of lead futures = 1.414 T.oz of palladium
Inverse (PA/LEAD-FUT): 0.7071 — one Troy Ounce of palladium buys that much lead futures.
Close to the middle of its 1 year range. (56th percentile of the last 1 year)
Lead Futures
$1,910.33
per Metric Ton
Palladium
$1,350.80
per Troy Ounce
Unit basis: USD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of palladium per Metric Ton of lead futures. Prices as of Mon, 24 Aug 2026 11:25:28 GMT.
1Y average
1.368
median 1.385
1Y low
0.9321
Jan 29, 2026
1Y high
1.830
Sep 7, 2025
Normal band
1.196–1.540
mean ± 1 std dev
Deviation from mean
+0.27σ
300 observations
Lead Futures to Palladium ratio charts
Pick a range once — it applies to the LEAD-FUT/PA ratio line, the OHLC candles and the Lead Futures / Palladium price chart below.
LEAD-FUT/PA ratio line
How many T.oz of Palladium one T of Lead Futures buys, over 1Y.
LEAD-FUT/PA ratio candles
Open, high, low and close of the LEAD-FUT/PA ratio for each period in the last 1Y.
Lead 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 lead futures to palladium ratio
Lead Futures to Palladium ratio = Lead Futures price per Metric Ton ÷ Palladium price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of palladium per Metric Ton of lead futures — rather than a plain count.
Worked example, live prices: $1,910.33 ÷ $1,350.80 = 1.414. The inverse is 0.7071.
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 lead futures to palladium ratio today?
The lead futures to palladium ratio is 1.414 — Lead Futures at $1,910.33 per Metric Ton divided by Palladium at $1,350.80 per Troy Ounce, from live mid-market prices.
How do you calculate the lead futures to palladium ratio?
Divide the lead futures price per Metric Ton 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 Metric Ton of lead futures.
What is the inverse of the lead futures to palladium ratio?
The inverse, palladium to lead futures, is 0.7071 — how many Metric Tons of lead futures one Troy Ounce of palladium buys.