Commodity ratio · live
Lead Futures to Silver Ratio
The lead futures to silver ratio is 27.55 — Lead Futures at $1,907.93 per Metric Ton divided by Silver at $69.25 per Troy Ounce.
Prices as of Aug 24, 2026, 12:16 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lead Futures to Silver ratio
1.000 T of lead futures = 27.551 T.oz of silver
Inverse (XAG/LEAD-FUT): 0.03630 — one Troy Ounce of silver buys that much lead futures.
Close to the middle of its 1 year range. (45th percentile of the last 1 year)
Lead Futures
$1,907.93
per Metric Ton
Silver
$69.25
per Troy Ounce
Unit basis: USD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of silver per Metric Ton of lead futures. Prices as of Mon, 24 Aug 2026 12:16:10 GMT.
1Y average
30.46
median 28.26
1Y low
16.82
Jan 29, 2026
1Y high
52.71
Aug 24, 2025
Normal band
23.42–37.50
mean ± 1 std dev
Deviation from mean
-0.41σ
337 observations
Lead Futures to Silver ratio charts
Pick a range once — it applies to the LEAD-FUT/XAG ratio line, the OHLC candles and the Lead Futures / Silver price chart below.
LEAD-FUT/XAG ratio line
How many T.oz of Silver one T of Lead Futures buys, over 1Y.
LEAD-FUT/XAG ratio candles
Open, high, low and close of the LEAD-FUT/XAG ratio for each period in the last 1Y.
Lead Futures and Silver 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 silver ratio
Lead Futures to Silver ratio = Lead Futures price per Metric Ton ÷ Silver price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of silver per Metric Ton of lead futures — rather than a plain count.
Worked example, live prices: $1,907.93 ÷ $69.25 = 27.55. The inverse is 0.03630.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the lead futures to silver ratio today?
The lead futures to silver ratio is 27.55 — Lead Futures at $1,907.93 per Metric Ton divided by Silver at $69.25 per Troy Ounce, from live mid-market prices.
How do you calculate the lead futures to silver ratio?
Divide the lead futures price per Metric Ton by the silver 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 silver per Metric Ton of lead futures.
What is the inverse of the lead futures to silver ratio?
The inverse, silver to lead futures, is 0.03630 — how many Metric Tons of lead futures one Troy Ounce of silver buys.