Commodity ratio · live
Platinum to Milk Ratio
The platinum to milk ratio is 113.4 — Platinum at $1,885.79 per Troy Ounce divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Platinum to Milk ratio
1.000 T.oz of platinum = 113.397 Cwt of milk
Inverse (MILK/PL): 0.008819 — one Hundredweight of milk buys that much platinum.
Close to the middle of its 1 year range. (56th percentile of the last 1 year)
Platinum
$1,885.79
per Troy Ounce
Milk
$16.63
per Hundredweight
Unit basis: USD per Troy Ounce ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Troy Ounce of platinum. Prices as of Mon, 24 Aug 2026 10:25:13 GMT.
1Y average
113.4
median 109.5
1Y low
75.66
Sep 4, 2025
1Y high
198.7
Jan 26, 2026
Normal band
89.97–136.9
mean ± 1 std dev
Deviation from mean
-0.00σ
311 observations
Platinum to Milk ratio charts
Pick a range once — it applies to the PL/MILK ratio line, the OHLC candles and the Platinum / Milk price chart below.
PL/MILK ratio line
How many Cwt of Milk one T.oz of Platinum buys, over 1Y.
PL/MILK ratio candles
Open, high, low and close of the PL/MILK ratio for each period in the last 1Y.
Platinum and Milk 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 milk ratio
Platinum to Milk ratio = Platinum price per Troy Ounce ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Troy Ounce of platinum — rather than a plain count.
Worked example, live prices: $1,885.79 ÷ $16.63 = 113.4. The inverse is 0.008819.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the platinum to milk ratio today?
The platinum to milk ratio is 113.4 — Platinum at $1,885.79 per Troy Ounce divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the platinum to milk ratio?
Divide the platinum price per Troy Ounce by the milk price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of milk per Troy Ounce of platinum.
What is the inverse of the platinum to milk ratio?
The inverse, milk to platinum, is 0.008819 — how many Troy Ounces of platinum one Hundredweight of milk buys.