Commodity ratio · live
Platinum to Neodymium Ratio
The platinum to neodymium ratio is 0.001976 — Platinum at $1,882.54 per Troy Ounce divided by Neodymium at $952,500.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:17 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Platinum to Neodymium ratio
1.000 T.oz of platinum = 0.001976 T of neodymium
Inverse (NDYM/PL): 506.0 — one Metric Ton of neodymium buys that much platinum.
Close to the middle of its 1 year range. (46th percentile of the last 1 year)
Platinum
$1,882.54
per Troy Ounce
Neodymium
$952,500.00
per Metric Ton
Unit basis: USD per Troy Ounce ÷ CNY per Metric Ton. The ratio reads as Metric Tons of neodymium per Troy Ounce of platinum. Prices as of Mon, 24 Aug 2026 11:17:05 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.002091
median 0.001999
1Y low
0.001520
Jul 8, 2026
1Y high
0.003402
Jan 25, 2026
Normal band
0.001696–0.002487
mean ± 1 std dev
Deviation from mean
-0.29σ
302 observations
Platinum to Neodymium ratio charts
Pick a range once — it applies to the PL/NDYM ratio line, the OHLC candles and the Platinum / Neodymium price chart below.
PL/NDYM ratio line
How many T of Neodymium one T.oz of Platinum buys, over 1Y.
PL/NDYM ratio candles
Open, high, low and close of the PL/NDYM ratio for each period in the last 1Y.
Platinum and Neodymium 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 neodymium ratio
Platinum to Neodymium ratio = Platinum price per Troy Ounce ÷ Neodymium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of neodymium per Troy Ounce of platinum — rather than a plain count.
Worked example, live prices: $1,882.54 ÷ $952,500.00 = 0.001976. The inverse is 506.0.
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 neodymium ratio today?
The platinum to neodymium ratio is 0.001976 — Platinum at $1,882.54 per Troy Ounce divided by Neodymium at $952,500.00 per Metric Ton, from live mid-market prices.
How do you calculate the platinum to neodymium ratio?
Divide the platinum price per Troy Ounce by the neodymium 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 neodymium per Troy Ounce of platinum.
What is the inverse of the platinum to neodymium ratio?
The inverse, neodymium to platinum, is 506.0 — how many Troy Ounces of platinum one Metric Ton of neodymium buys.