Commodity ratio · live

Platinum to Iron Ore 62% FE Ratio

The platinum to iron ore 62% fe ratio is 19.79 Platinum at $1,885.79 per Troy Ounce divided by Iron Ore 62% FE at $95.28 per Metric Ton.

Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Troy Ounce

Platinum to Iron Ore 62% FE ratio

19.79+48.81% / 1Y

1.000 T.oz of platinum = 19.792 T of iron ore 62% fe

Inverse (TIOC/PL): 0.05053 — one Metric Ton of iron ore 62% fe buys that much platinum.

Above its 1 year average. (79th percentile of the last 1 year)

Platinum

$1,885.79

per Troy Ounce

Iron Ore 62% FE

$95.28

per Metric Ton

Unit basis: USD per Troy Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Troy Ounce of platinum. Prices as of Mon, 24 Aug 2026 10:25:11 GMT.

1Y average

17.74

median 17.80

1Y low

12.74

Sep 9, 2025

1Y high

28.52

Jan 29, 2026

Normal band

14.97–20.51

mean ± 1 std dev

Deviation from mean

+0.74σ

201 observations

Platinum to Iron Ore 62% FE ratio charts

Pick a range once — it applies to the PL/TIOC ratio line, the OHLC candles and the Platinum / Iron Ore 62% FE price chart below.

PL/TIOC ratio line

How many T of Iron Ore 62% FE one T.oz of Platinum buys, over 1Y.

PL/TIOC ratio candles

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

Platinum and Iron Ore 62% FE 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 iron ore 62% fe ratio

Platinum to Iron Ore 62% FE ratio = Platinum price per Troy Ounce ÷ Iron Ore 62% FE price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of iron ore 62% fe per Troy Ounce of platinum — rather than a plain count.

Worked example, live prices: $1,885.79 ÷ $95.28 = 19.79. The inverse is 0.05053.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the platinum to iron ore 62% fe ratio today?

The platinum to iron ore 62% fe ratio is 19.79 — Platinum at $1,885.79 per Troy Ounce divided by Iron Ore 62% FE at $95.28 per Metric Ton, from live mid-market prices.

How do you calculate the platinum to iron ore 62% fe ratio?

Divide the platinum price per Troy Ounce by the iron ore 62% fe 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 iron ore 62% fe per Troy Ounce of platinum.

What is the inverse of the platinum to iron ore 62% fe ratio?

The inverse, iron ore 62% fe to platinum, is 0.05053 — how many Troy Ounces of platinum one Metric Ton of iron ore 62% fe buys.

Platinum to Iron Ore 62% FE Ratio — 19.79 Today | CommodityPriceAPI