Commodity ratio · live
Platinum to Lamb Ratio
The platinum to lamb ratio is 2.783 — Platinum at $1,882.17 per Troy Ounce divided by Lamb at $676.41 per Kilogram.
Prices as of Aug 24, 2026, 11:16 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Platinum to Lamb ratio
1.000 T.oz of platinum = 2.783 kg of lamb
Inverse (LAMB/PL): 0.3594 — one Kilogram of lamb buys that much platinum.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Platinum
$1,882.17
per Troy Ounce
Lamb
$676.41
per Kilogram
Unit basis: USD per Troy Ounce ÷ USD per Kilogram. The ratio reads as Kilograms of lamb per Troy Ounce of platinum. Prices as of Mon, 24 Aug 2026 11:16:35 GMT.
1Y average
2.613
median 2.592
1Y low
2.510
Aug 14, 2026
1Y high
2.820
Aug 21, 2026
Normal band
2.543–2.683
mean ± 1 std dev
Deviation from mean
+2.42σ
13 observations
Platinum to Lamb ratio charts
Pick a range once — it applies to the PL/LAMB ratio line, the OHLC candles and the Platinum / Lamb price chart below.
PL/LAMB ratio line
How many kg of Lamb one T.oz of Platinum buys, over 1Y.
PL/LAMB ratio candles
Open, high, low and close of the PL/LAMB ratio for each period in the last 1Y.
Platinum and Lamb 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 lamb ratio
Platinum to Lamb ratio = Platinum price per Troy Ounce ÷ Lamb price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of lamb per Troy Ounce of platinum — rather than a plain count.
Worked example, live prices: $1,882.17 ÷ $676.41 = 2.783. The inverse is 0.3594.
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 platinum to lamb ratio today?
The platinum to lamb ratio is 2.783 — Platinum at $1,882.17 per Troy Ounce divided by Lamb at $676.41 per Kilogram, from live mid-market prices.
How do you calculate the platinum to lamb ratio?
Divide the platinum price per Troy Ounce by the lamb price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of lamb per Troy Ounce of platinum.
What is the inverse of the platinum to lamb ratio?
The inverse, lamb to platinum, is 0.3594 — how many Troy Ounces of platinum one Kilogram of lamb buys.