Commodity ratio · live
Milk to Platinum Ratio
The milk to platinum ratio is 0.008819 — Milk at $16.63 per Hundredweight divided by Platinum at $1,885.79 per Troy Ounce.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Platinum ratio
1.000 Cwt of milk = 0.008819 T.oz of platinum
Inverse (PL/MILK): 113.4 — one Troy Ounce of platinum buys that much milk.
Close to the middle of its 1 year range. (44th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Platinum
$1,885.79
per Troy Ounce
Unit basis: USD per Hundredweight ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of platinum per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:25:16 GMT.
1Y average
0.009173
median 0.009129
1Y low
0.005033
Jan 26, 2026
1Y high
0.01322
Sep 4, 2025
Normal band
0.007390–0.01096
mean ± 1 std dev
Deviation from mean
-0.20σ
311 observations
Milk to Platinum ratio charts
Pick a range once — it applies to the MILK/PL ratio line, the OHLC candles and the Milk / Platinum price chart below.
MILK/PL ratio line
How many T.oz of Platinum one Cwt of Milk buys, over 1Y.
MILK/PL ratio candles
Open, high, low and close of the MILK/PL ratio for each period in the last 1Y.
Milk 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 milk to platinum ratio
Milk to Platinum ratio = Milk price per Hundredweight ÷ Platinum price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of platinum per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $1,885.79 = 0.008819. The inverse is 113.4.
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 milk to platinum ratio today?
The milk to platinum ratio is 0.008819 — Milk at $16.63 per Hundredweight divided by Platinum at $1,885.79 per Troy Ounce, from live mid-market prices.
How do you calculate the milk to platinum ratio?
Divide the milk price per Hundredweight 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 Hundredweight of milk.
What is the inverse of the milk to platinum ratio?
The inverse, platinum to milk, is 113.4 — how many Hundredweights of milk one Troy Ounce of platinum buys.