Commodity ratio · live
Iron Ore 62% FE to Platinum Ratio
The iron ore 62% fe to platinum ratio is 0.05053 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Platinum at $1,885.79 per Troy Ounce.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Platinum ratio
1.000 T of iron ore 62% fe = 0.05053 T.oz of platinum
Inverse (PL/TIOC): 19.79 — one Troy Ounce of platinum buys that much iron ore 62% fe.
Below its 1 year average. (21th percentile of the last 1 year)
Iron Ore 62% FE
$95.28
per Metric Ton
Platinum
$1,885.79
per Troy Ounce
Unit basis: USD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of platinum per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 10:25:14 GMT.
1Y average
0.05773
median 0.05617
1Y low
0.03506
Jan 29, 2026
1Y high
0.07851
Sep 9, 2025
Normal band
0.04894–0.06652
mean ± 1 std dev
Deviation from mean
-0.82σ
201 observations
Iron Ore 62% FE to Platinum ratio charts
Pick a range once — it applies to the TIOC/PL ratio line, the OHLC candles and the Iron Ore 62% FE / Platinum price chart below.
TIOC/PL ratio line
How many T.oz of Platinum one T of Iron Ore 62% FE buys, over 1Y.
TIOC/PL ratio candles
Open, high, low and close of the TIOC/PL ratio for each period in the last 1Y.
Iron Ore 62% FE and Platinum prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the iron ore 62% fe to platinum ratio
Iron Ore 62% FE to Platinum ratio = Iron Ore 62% FE price per Metric Ton ÷ Platinum price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of platinum per Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $95.28 ÷ $1,885.79 = 0.05053. The inverse is 19.79.
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 iron ore 62% fe to platinum ratio today?
The iron ore 62% fe to platinum ratio is 0.05053 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Platinum at $1,885.79 per Troy Ounce, from live mid-market prices.
How do you calculate the iron ore 62% fe to platinum ratio?
Divide the iron ore 62% fe price per Metric Ton by the platinum price per Troy Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Troy Ounces of platinum per Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to platinum ratio?
The inverse, platinum to iron ore 62% fe, is 19.79 — how many Metric Tons of iron ore 62% fe one Troy Ounce of platinum buys.