Commodity ratio · live

Lead Futures to Zinc Ratio

The lead futures to zinc ratio is 0.4973 Lead Futures at $1,909.38 per Metric Ton divided by Zinc at $3,839.15 per Metric Ton.

Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Lead Futures to Zinc ratio

0.4973-29.47% / 1Y

1.000 T of lead futures = 0.4973 T of zinc

Inverse (ZINC/LEAD-FUT): 2.011 — one Metric Ton of zinc buys that much lead futures.

Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)

Lead Futures

$1,909.38

per Metric Ton

Zinc

$3,839.15

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of zinc per Metric Ton of lead futures. Prices as of Mon, 24 Aug 2026 10:32:57 GMT.

1Y average

0.6023

median 0.5918

1Y low

0.4945

Aug 21, 2026

1Y high

0.7279

Aug 24, 2025

Normal band

0.5483–0.6563

mean ± 1 std dev

Deviation from mean

-1.94σ

348 observations

Lead Futures to Zinc ratio charts

Pick a range once — it applies to the LEAD-FUT/ZINC ratio line, the OHLC candles and the Lead Futures / Zinc price chart below.

LEAD-FUT/ZINC ratio line

How many T of Zinc one T of Lead Futures buys, over 1Y.

LEAD-FUT/ZINC ratio candles

Open, high, low and close of the LEAD-FUT/ZINC ratio for each period in the last 1Y.

Lead Futures and Zinc 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 zinc ratio

Lead Futures to Zinc ratio = Lead Futures price per Metric Ton ÷ Zinc price per Metric Ton

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $1,909.38 ÷ $3,839.15 = 0.4973. The inverse is 2.011.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the lead futures to zinc ratio today?

The lead futures to zinc ratio is 0.4973 — Lead Futures at $1,909.38 per Metric Ton divided by Zinc at $3,839.15 per Metric Ton, from live mid-market prices.

How do you calculate the lead futures to zinc ratio?

Divide the lead futures price per Metric Ton by the zinc price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of zinc per Metric Ton of lead futures.

What is the inverse of the lead futures to zinc ratio?

The inverse, zinc to lead futures, is 2.011 — how many Metric Tons of lead futures one Metric Ton of zinc buys.

Lead Futures to Zinc Ratio — 0.4973 Today | CommodityPriceAPI