Commodity ratio · live
Natural Gas, Europe to Gold Ratio
The natural gas, europe to gold ratio is 0.003473 — Natural Gas, Europe at $16.17 per Million British Thermal Units divided by Gold at $4,656.41 per Troy Ounce.
Prices as of Aug 24, 2026, 12:15 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Natural Gas, Europe to Gold ratio
1.000 MMBtu of natural gas, europe = 0.003473 T.oz of gold
Inverse (XAU/NG-EU): 288.0 — one Troy Ounce of gold buys that much natural gas, europe.
Natural Gas, Europe
$16.17
per Million British Thermal Units
Gold
$4,656.41
per Troy Ounce
Unit basis: USD per Million British Thermal Units ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of gold per Million British Thermal Units of natural gas, europe. Prices as of Mon, 24 Aug 2026 12:15:36 GMT.
Natural Gas, Europe to Gold ratio charts
Pick a range once — it applies to the NG-EU/XAU ratio line, the OHLC candles and the Natural Gas, Europe / Gold price chart below.
NG-EU/XAU ratio line
How many T.oz of Gold one MMBtu of Natural Gas, Europe buys, over 1Y.
No overlapping history for NG-EU/XAU over 1Y. Try a longer range.
NG-EU/XAU ratio candles
Open, high, low and close of the NG-EU/XAU ratio for each period in the last 1Y.
No overlapping history for NG-EU/XAU over 1Y. Try a longer range.
Natural Gas, Europe 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 natural gas, europe to gold ratio
Natural Gas, Europe to Gold ratio = Natural Gas, Europe price per Million British Thermal Units ÷ Gold price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of gold per Million British Thermal Units of natural gas, europe — rather than a plain count.
Worked example, live prices: $16.17 ÷ $4,656.41 = 0.003473. The inverse is 288.0.
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 natural gas, europe to gold ratio today?
The natural gas, europe to gold ratio is 0.003473 — Natural Gas, Europe at $16.17 per Million British Thermal Units divided by Gold at $4,656.41 per Troy Ounce, from live mid-market prices.
How do you calculate the natural gas, europe to gold ratio?
Divide the natural gas, europe price per Million British Thermal Units 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 Million British Thermal Units of natural gas, europe.
What is the inverse of the natural gas, europe to gold ratio?
The inverse, gold to natural gas, europe, is 288.0 — how many Million British Thermal Unitss of natural gas, europe one Troy Ounce of gold buys.