Commodity ratio · live
Nickel Futures to Platinum Ratio
The nickel futures to platinum ratio is 9.014 — Nickel Futures at $17,005.63 per Metric Ton divided by Platinum at $1,886.48 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.
Nickel Futures to Platinum ratio
1.000 T of nickel futures = 9.014 T.oz of platinum
Inverse (PL/NICKEL-FUT): 0.1109 — one Troy Ounce of platinum buys that much nickel futures.
Close to the middle of its 1 year range. (38th percentile of the last 1 year)
Nickel Futures
$17,005.63
per Metric Ton
Platinum
$1,886.48
per Troy Ounce
Unit basis: USD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of platinum per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 11:33:03 GMT.
1Y average
9.258
median 9.432
1Y low
6.167
Jan 29, 2026
1Y high
11.54
Aug 26, 2025
Normal band
8.143–10.37
mean ± 1 std dev
Deviation from mean
-0.22σ
312 observations
Nickel Futures to Platinum ratio charts
Pick a range once — it applies to the NICKEL-FUT/PL ratio line, the OHLC candles and the Nickel Futures / Platinum price chart below.
NICKEL-FUT/PL ratio line
How many T.oz of Platinum one T of Nickel Futures buys, over 1Y.
NICKEL-FUT/PL ratio candles
Open, high, low and close of the NICKEL-FUT/PL ratio for each period in the last 1Y.
Nickel Futures 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 nickel futures to platinum ratio
Nickel Futures to Platinum ratio = Nickel Futures price per Metric Ton ÷ Platinum price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of platinum per Metric Ton of nickel futures — rather than a plain count.
Worked example, live prices: $17,005.63 ÷ $1,886.48 = 9.014. The inverse is 0.1109.
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 nickel futures to platinum ratio today?
The nickel futures to platinum ratio is 9.014 — Nickel Futures at $17,005.63 per Metric Ton divided by Platinum at $1,886.48 per Troy Ounce, from live mid-market prices.
How do you calculate the nickel futures to platinum ratio?
Divide the nickel futures price per Metric Ton 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 Metric Ton of nickel futures.
What is the inverse of the nickel futures to platinum ratio?
The inverse, platinum to nickel futures, is 0.1109 — how many Metric Tons of nickel futures one Troy Ounce of platinum buys.