Commodity ratio · live
Nickel Futures to Palladium Ratio
The nickel futures to palladium ratio is 12.61 — Nickel Futures at $17,071.13 per Metric Ton divided by Palladium at $1,354.30 per Troy Ounce.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Nickel Futures to Palladium ratio
1.000 T of nickel futures = 12.605 T.oz of palladium
Inverse (PA/NICKEL-FUT): 0.07933 — one Troy Ounce of palladium buys that much nickel futures.
Close to the middle of its 1 year range. (61th percentile of the last 1 year)
Nickel Futures
$17,071.13
per Metric Ton
Palladium
$1,354.30
per Troy Ounce
Unit basis: USD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of palladium per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:24:46 GMT.
1Y average
11.72
median 11.78
1Y low
7.907
Dec 24, 2025
1Y high
15.51
Jun 5, 2026
Normal band
10.10–13.33
mean ± 1 std dev
Deviation from mean
+0.55σ
312 observations
Nickel Futures to Palladium ratio charts
Pick a range once — it applies to the NICKEL-FUT/PA ratio line, the OHLC candles and the Nickel Futures / Palladium price chart below.
NICKEL-FUT/PA ratio line
How many T.oz of Palladium one T of Nickel Futures buys, over 1Y.
NICKEL-FUT/PA ratio candles
Open, high, low and close of the NICKEL-FUT/PA ratio for each period in the last 1Y.
Nickel Futures and Palladium prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the nickel futures to palladium ratio
Nickel Futures to Palladium ratio = Nickel Futures price per Metric Ton ÷ Palladium price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of palladium per Metric Ton of nickel futures — rather than a plain count.
Worked example, live prices: $17,071.13 ÷ $1,354.30 = 12.61. The inverse is 0.07933.
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 nickel futures to palladium ratio today?
The nickel futures to palladium ratio is 12.61 — Nickel Futures at $17,071.13 per Metric Ton divided by Palladium at $1,354.30 per Troy Ounce, from live mid-market prices.
How do you calculate the nickel futures to palladium ratio?
Divide the nickel futures price per Metric Ton by the palladium 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 palladium per Metric Ton of nickel futures.
What is the inverse of the nickel futures to palladium ratio?
The inverse, palladium to nickel futures, is 0.07933 — how many Metric Tons of nickel futures one Troy Ounce of palladium buys.