Commodity ratio · live
Palladium to Nickel Futures Ratio
The palladium to nickel futures ratio is 0.07933 — Palladium at $1,354.30 per Troy Ounce divided by Nickel Futures at $17,071.13 per Metric Ton.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Palladium to Nickel Futures ratio
1.000 T.oz of palladium = 0.07933 T of nickel futures
Inverse (NICKEL-FUT/PA): 12.61 — one Metric Ton of nickel futures buys that much palladium.
Close to the middle of its 1 year range. (39th percentile of the last 1 year)
Palladium
$1,354.30
per Troy Ounce
Nickel Futures
$17,071.13
per Metric Ton
Unit basis: USD per Troy Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Troy Ounce of palladium. Prices as of Mon, 24 Aug 2026 12:24:46 GMT.
1Y average
0.08704
median 0.08489
1Y low
0.06446
Jun 5, 2026
1Y high
0.1265
Dec 24, 2025
Normal band
0.07472–0.09936
mean ± 1 std dev
Deviation from mean
-0.63σ
312 observations
Palladium to Nickel Futures ratio charts
Pick a range once — it applies to the PA/NICKEL-FUT ratio line, the OHLC candles and the Palladium / Nickel Futures price chart below.
PA/NICKEL-FUT ratio line
How many T of Nickel Futures one T.oz of Palladium buys, over 1Y.
PA/NICKEL-FUT ratio candles
Open, high, low and close of the PA/NICKEL-FUT ratio for each period in the last 1Y.
Palladium and Nickel 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 nickel futures ratio
Palladium to Nickel Futures ratio = Palladium price per Troy Ounce ÷ Nickel Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Troy Ounce of palladium — rather than a plain count.
Worked example, live prices: $1,354.30 ÷ $17,071.13 = 0.07933. The inverse is 12.61.
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 palladium to nickel futures ratio today?
The palladium to nickel futures ratio is 0.07933 — Palladium at $1,354.30 per Troy Ounce divided by Nickel Futures at $17,071.13 per Metric Ton, from live mid-market prices.
How do you calculate the palladium to nickel futures ratio?
Divide the palladium price per Troy Ounce by the nickel 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 nickel futures per Troy Ounce of palladium.
What is the inverse of the palladium to nickel futures ratio?
The inverse, nickel futures to palladium, is 12.61 — how many Troy Ounces of palladium one Metric Ton of nickel futures buys.