Commodity ratio · live
Lead Futures to Platinum Ratio
The lead futures to platinum ratio is 1.013 — Lead Futures at $1,910.13 per Metric Ton divided by Platinum at $1,884.92 per Troy Ounce.
Prices as of Aug 24, 2026, 10:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lead Futures to Platinum ratio
1.000 T of lead futures = 1.013 T.oz of platinum
Inverse (PL/LEAD-FUT): 0.9868 — one Troy Ounce of platinum buys that much lead futures.
Close to the middle of its 1 year range. (41th percentile of the last 1 year)
Lead Futures
$1,910.13
per Metric Ton
Platinum
$1,884.92
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 lead futures. Prices as of Mon, 24 Aug 2026 10:26:51 GMT.
1Y average
1.086
median 1.070
1Y low
0.6941
Jan 26, 2026
1Y high
1.488
Sep 17, 2025
Normal band
0.9192–1.253
mean ± 1 std dev
Deviation from mean
-0.44σ
300 observations
Lead Futures to Platinum ratio charts
Pick a range once — it applies to the LEAD-FUT/PL ratio line, the OHLC candles and the Lead Futures / Platinum price chart below.
LEAD-FUT/PL ratio line
How many T.oz of Platinum one T of Lead Futures buys, over 1Y.
LEAD-FUT/PL ratio candles
Open, high, low and close of the LEAD-FUT/PL ratio for each period in the last 1Y.
Lead Futures 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 lead futures to platinum ratio
Lead Futures to Platinum ratio = Lead Futures 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 lead futures — rather than a plain count.
Worked example, live prices: $1,910.13 ÷ $1,884.92 = 1.013. The inverse is 0.9868.
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 lead futures to platinum ratio today?
The lead futures to platinum ratio is 1.013 — Lead Futures at $1,910.13 per Metric Ton divided by Platinum at $1,884.92 per Troy Ounce, from live mid-market prices.
How do you calculate the lead futures to platinum ratio?
Divide the lead futures 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 lead futures.
What is the inverse of the lead futures to platinum ratio?
The inverse, platinum to lead futures, is 0.9868 — how many Metric Tons of lead futures one Troy Ounce of platinum buys.