Commodity ratio · live
Olive Oil to Iron Ore Ratio
The olive oil to iron ore ratio is 60.88 — Olive Oil at $6,185.22 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton.
Prices as of Aug 24, 2026, 12:23 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Olive Oil to Iron Ore ratio
1.000 T of olive oil = 60.878 T of iron ore
Inverse (IORECR/OLVOIL): 0.01643 — one Metric Ton of iron ore buys that much olive oil.
Olive Oil
$6,185.22
per Metric Ton
Iron Ore
$101.60
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Metric Ton of olive oil. Prices as of Mon, 24 Aug 2026 12:23:46 GMT.
Olive Oil to Iron Ore ratio charts
Pick a range once — it applies to the OLVOIL/IORECR ratio line, the OHLC candles and the Olive Oil / Iron Ore price chart below.
OLVOIL/IORECR ratio line
How many T of Iron Ore one T of Olive Oil buys, over 1Y.
No overlapping history for OLVOIL/IORECR over 1Y. Try a longer range.
OLVOIL/IORECR ratio candles
Open, high, low and close of the OLVOIL/IORECR ratio for each period in the last 1Y.
No overlapping history for OLVOIL/IORECR over 1Y. Try a longer range.
Olive Oil and Iron Ore prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the olive oil to iron ore ratio
Olive Oil to Iron Ore ratio = Olive Oil price per Metric Ton ÷ Iron Ore price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $6,185.22 ÷ $101.60 = 60.88. The inverse is 0.01643.
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 olive oil to iron ore ratio today?
The olive oil to iron ore ratio is 60.88 — Olive Oil at $6,185.22 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.
How do you calculate the olive oil to iron ore ratio?
Divide the olive oil price per Metric Ton by the iron ore price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of iron ore per Metric Ton of olive oil.
What is the inverse of the olive oil to iron ore ratio?
The inverse, iron ore to olive oil, is 0.01643 — how many Metric Tons of olive oil one Metric Ton of iron ore buys.