Commodity ratio · live
Uranium to Magnesium Ratio
The uranium to magnesium ratio is 0.005257 — Uranium at $88.85 per Pound divided by Magnesium at $16,900.00 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.
Uranium to Magnesium ratio
1.000 Lb of uranium = 0.005257 T of magnesium
Inverse (MG/UXA): 190.2 — one Metric Ton of magnesium buys that much uranium.
Near the top of its 1 year range — historically stretched. (97th percentile of the last 1 year)
Uranium
$88.85
per Pound
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Pound ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Pound of uranium. Prices as of Mon, 24 Aug 2026 10:25:20 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
0.004802
median 0.004853
1Y low
0.004046
Aug 24, 2025
1Y high
0.005786
Jan 28, 2026
Normal band
0.004516–0.005089
mean ± 1 std dev
Deviation from mean
+1.59σ
356 observations
Uranium to Magnesium ratio charts
Pick a range once — it applies to the UXA/MG ratio line, the OHLC candles and the Uranium / Magnesium price chart below.
UXA/MG ratio line
How many T of Magnesium one Lb of Uranium buys, over 1Y.
UXA/MG ratio candles
Open, high, low and close of the UXA/MG ratio for each period in the last 1Y.
Uranium and Magnesium prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the uranium to magnesium ratio
Uranium to Magnesium ratio = Uranium price per Pound ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Pound of uranium — rather than a plain count.
Worked example, live prices: $88.85 ÷ $16,900.00 = 0.005257. The inverse is 190.2.
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 uranium to magnesium ratio today?
The uranium to magnesium ratio is 0.005257 — Uranium at $88.85 per Pound divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the uranium to magnesium ratio?
Divide the uranium price per Pound by the magnesium 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 magnesium per Pound of uranium.
What is the inverse of the uranium to magnesium ratio?
The inverse, magnesium to uranium, is 190.2 — how many Pounds of uranium one Metric Ton of magnesium buys.