Commodity ratio · live
Milk to Gold Ratio
The milk to gold ratio is 0.003581 — Milk at $16.63 per Hundredweight divided by Gold at $4,644.22 per Troy Ounce.
Prices as of Aug 24, 2026, 10:59 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Gold ratio
1.000 Cwt of milk = 0.003581 T.oz of gold
Inverse (XAU/MILK): 279.3 — one Troy Ounce of gold buys that much milk.
Below its 1 year average. (28th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Gold
$4,644.22
per Troy Ounce
Unit basis: USD per Hundredweight ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of gold per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:59:40 GMT.
1Y average
0.003780
median 0.003744
1Y low
0.002607
Jan 27, 2026
1Y high
0.005192
Aug 26, 2025
Normal band
0.003276–0.004283
mean ± 1 std dev
Deviation from mean
-0.39σ
337 observations
Milk to Gold ratio charts
Pick a range once — it applies to the MILK/XAU ratio line, the OHLC candles and the Milk / Gold price chart below.
MILK/XAU ratio line
How many T.oz of Gold one Cwt of Milk buys, over 1Y.
MILK/XAU ratio candles
Open, high, low and close of the MILK/XAU ratio for each period in the last 1Y.
Milk and Gold 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 gold ratio
Milk to Gold ratio = Milk price per Hundredweight ÷ Gold price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of gold per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $4,644.22 = 0.003581. The inverse is 279.3.
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 milk to gold ratio today?
The milk to gold ratio is 0.003581 — Milk at $16.63 per Hundredweight divided by Gold at $4,644.22 per Troy Ounce, from live mid-market prices.
How do you calculate the milk to gold ratio?
Divide the milk price per Hundredweight by the gold 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 gold per Hundredweight of milk.
What is the inverse of the milk to gold ratio?
The inverse, gold to milk, is 279.3 — how many Hundredweights of milk one Troy Ounce of gold buys.