Commodity ratio · live
Palladium to Lead Futures Ratio
The palladium to lead futures ratio is 0.7071 — Palladium at $1,350.80 per Troy Ounce divided by Lead Futures at $1,910.33 per Metric Ton.
Prices as of Aug 24, 2026, 11:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Palladium to Lead Futures ratio
1.000 T.oz of palladium = 0.7071 T of lead futures
Inverse (LEAD-FUT/PA): 1.414 — one Metric Ton of lead futures buys that much palladium.
Close to the middle of its 1 year range. (44th percentile of the last 1 year)
Palladium
$1,350.80
per Troy Ounce
Lead Futures
$1,910.33
per Metric Ton
Unit basis: USD per Troy Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of lead futures per Troy Ounce of palladium. Prices as of Mon, 24 Aug 2026 11:25:28 GMT.
1Y average
0.7431
median 0.7221
1Y low
0.5466
Sep 7, 2025
1Y high
1.073
Jan 29, 2026
Normal band
0.6469–0.8393
mean ± 1 std dev
Deviation from mean
-0.37σ
300 observations
Palladium to Lead Futures ratio charts
Pick a range once — it applies to the PA/LEAD-FUT ratio line, the OHLC candles and the Palladium / Lead Futures price chart below.
PA/LEAD-FUT ratio line
How many T of Lead Futures one T.oz of Palladium buys, over 1Y.
PA/LEAD-FUT ratio candles
Open, high, low and close of the PA/LEAD-FUT ratio for each period in the last 1Y.
Palladium and Lead Futures 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 lead futures ratio
Palladium to Lead Futures ratio = Palladium price per Troy Ounce ÷ Lead Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of lead futures per Troy Ounce of palladium — rather than a plain count.
Worked example, live prices: $1,350.80 ÷ $1,910.33 = 0.7071. The inverse is 1.414.
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 lead futures ratio today?
The palladium to lead futures ratio is 0.7071 — Palladium at $1,350.80 per Troy Ounce divided by Lead Futures at $1,910.33 per Metric Ton, from live mid-market prices.
How do you calculate the palladium to lead futures ratio?
Divide the palladium price per Troy Ounce by the lead futures 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 lead futures per Troy Ounce of palladium.
What is the inverse of the palladium to lead futures ratio?
The inverse, lead futures to palladium, is 1.414 — how many Troy Ounces of palladium one Metric Ton of lead futures buys.