Commodity ratio · live

Natural Gas Futures to Silver Ratio

The natural gas futures to silver ratio is 0.04056 Natural Gas Futures at $2.80 per Million British Thermal Units divided by Silver at $69.03 per Troy Ounce.

Prices as of Aug 24, 2026, 11:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Million British Thermal Units

Natural Gas Futures to Silver ratio

0.04056-45.66% / 1Y

1.000 MMBtu of natural gas futures = 0.04056 T.oz of silver

Inverse (XAG/NG-FUT): 24.65 — one Troy Ounce of silver buys that much natural gas futures.

Close to the middle of its 1 year range. (32th percentile of the last 1 year)

Natural Gas Futures

$2.80

per Million British Thermal Units

Silver

$69.03

per Troy Ounce

Unit basis: USD per Million British Thermal Units ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of silver per Million British Thermal Units of natural gas futures. Prices as of Mon, 24 Aug 2026 11:33:15 GMT.

1Y average

0.05218

median 0.04696

1Y low

0.02999

Feb 28, 2026

1Y high

0.09675

Dec 6, 2025

Normal band

0.03534–0.06903

mean ± 1 std dev

Deviation from mean

-0.69σ

344 observations

Natural Gas Futures to Silver ratio charts

Pick a range once — it applies to the NG-FUT/XAG ratio line, the OHLC candles and the Natural Gas Futures / Silver price chart below.

NG-FUT/XAG ratio line

How many T.oz of Silver one MMBtu of Natural Gas Futures buys, over 1Y.

NG-FUT/XAG ratio candles

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

Natural Gas 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 natural gas futures to silver ratio

Natural Gas Futures to Silver ratio = Natural Gas Futures price per Million British Thermal Units ÷ Silver price per Troy Ounce

The two legs use different units, so the result is a rate — Troy Ounces of silver per Million British Thermal Units of natural gas futures — rather than a plain count.

Worked example, live prices: $2.80 ÷ $69.03 = 0.04056. The inverse is 24.65.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the natural gas futures to silver ratio today?

The natural gas futures to silver ratio is 0.04056 — Natural Gas Futures at $2.80 per Million British Thermal Units divided by Silver at $69.03 per Troy Ounce, from live mid-market prices.

How do you calculate the natural gas futures to silver ratio?

Divide the natural gas futures price per Million British Thermal Units 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 Million British Thermal Units of natural gas futures.

What is the inverse of the natural gas futures to silver ratio?

The inverse, silver to natural gas futures, is 24.65 — how many Million British Thermal Unitss of natural gas futures one Troy Ounce of silver buys.

Natural Gas Futures to Silver Ratio — 0.04056 Today | CommodityPriceAPI