Commodity ratio · live

Platinum to Copper Futures Ratio

The platinum to copper futures ratio is 286.3 Platinum at $1,886.70 per Troy Ounce divided by Copper Futures at $6.59 per Pound.

Prices as of Aug 24, 2026, 11:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Troy Ounce

Platinum to Copper Futures ratio

286.3-4.52% / 1Y

1.000 T.oz of platinum = 286.297 Lb of copper futures

Inverse (HG-FUT/PL): 0.003493 — one Pound of copper futures buys that much platinum.

Below its 1 year average. (22th percentile of the last 1 year)

Platinum

$1,886.70

per Troy Ounce

Copper Futures

$6.59

per Pound

Unit basis: USD per Troy Ounce ÷ USD per Pound. The ratio reads as Pounds of copper futures per Troy Ounce of platinum. Prices as of Mon, 24 Aug 2026 11:30:25 GMT.

1Y average

325.1

median 320.7

1Y low

243.3

Jul 21, 2026

1Y high

493.8

Jan 26, 2026

Normal band

279.0–371.2

mean ± 1 std dev

Deviation from mean

-0.84σ

301 observations

Platinum to Copper Futures ratio charts

Pick a range once — it applies to the PL/HG-FUT ratio line, the OHLC candles and the Platinum / Copper Futures price chart below.

PL/HG-FUT ratio line

How many Lb of Copper Futures one T.oz of Platinum buys, over 1Y.

PL/HG-FUT ratio candles

Open, high, low and close of the PL/HG-FUT ratio for each period in the last 1Y.

Platinum and Copper Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the platinum to copper futures ratio

Platinum to Copper Futures ratio = Platinum price per Troy Ounce ÷ Copper Futures price per Pound

The two legs use different units, so the result is a rate — Pounds of copper futures per Troy Ounce of platinum — rather than a plain count.

Worked example, live prices: $1,886.70 ÷ $6.59 = 286.3. The inverse is 0.003493.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the platinum to copper futures ratio today?

The platinum to copper futures ratio is 286.3 — Platinum at $1,886.70 per Troy Ounce divided by Copper Futures at $6.59 per Pound, from live mid-market prices.

How do you calculate the platinum to copper futures ratio?

Divide the platinum price per Troy Ounce by the copper futures price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of copper futures per Troy Ounce of platinum.

What is the inverse of the platinum to copper futures ratio?

The inverse, copper futures to platinum, is 0.003493 — how many Troy Ounces of platinum one Pound of copper futures buys.

Platinum to Copper Futures Ratio — 286.3 Today | CommodityPriceAPI