Commodity ratio · live
Palladium to Cobalt Ratio
The palladium to cobalt ratio is 0.02399 — Palladium at $1,350.50 per Troy Ounce divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:19 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Palladium to Cobalt ratio
1.000 T.oz of palladium = 0.02399 T of cobalt
Inverse (COB/PA): 41.68 — one Metric Ton of cobalt buys that much palladium.
Below its 1 year average. (20th percentile of the last 1 year)
Palladium
$1,350.50
per Troy Ounce
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Troy Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Troy Ounce of palladium. Prices as of Mon, 24 Aug 2026 11:19:41 GMT.
1Y average
0.02850
median 0.02868
1Y low
0.02042
Jun 24, 2026
1Y high
0.03847
Oct 9, 2025
Normal band
0.02412–0.03288
mean ± 1 std dev
Deviation from mean
-1.03σ
311 observations
Palladium to Cobalt ratio charts
Pick a range once — it applies to the PA/COB ratio line, the OHLC candles and the Palladium / Cobalt price chart below.
PA/COB ratio line
How many T of Cobalt one T.oz of Palladium buys, over 1Y.
PA/COB ratio candles
Open, high, low and close of the PA/COB ratio for each period in the last 1Y.
Palladium and Cobalt prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the palladium to cobalt ratio
Palladium to Cobalt ratio = Palladium price per Troy Ounce ÷ Cobalt price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cobalt per Troy Ounce of palladium — rather than a plain count.
Worked example, live prices: $1,350.50 ÷ $56,290.00 = 0.02399. The inverse is 41.68.
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 palladium to cobalt ratio today?
The palladium to cobalt ratio is 0.02399 — Palladium at $1,350.50 per Troy Ounce divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the palladium to cobalt ratio?
Divide the palladium price per Troy Ounce by the cobalt 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 cobalt per Troy Ounce of palladium.
What is the inverse of the palladium to cobalt ratio?
The inverse, cobalt to palladium, is 41.68 — how many Troy Ounces of palladium one Metric Ton of cobalt buys.