Commodity ratio · live
Wheat Futures to Platinum Ratio
The wheat futures to platinum ratio is 0.4107 — Wheat Futures at $728.35 per Ounce divided by Platinum at $1,773.53 per Troy Ounce.
Prices as of Sep 14, 2026, 11:22 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Platinum ratio
1.000 Oz of wheat futures = 0.4107 T.oz of platinum
Inverse (PL/ZW-FUT): 2.435 — one Troy Ounce of platinum buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (96th percentile of the last 1 year)
Wheat Futures
$728.35
per Ounce
Platinum
$1,773.53
per Troy Ounce
Unit basis: USD per Ounce ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of platinum per Ounce of wheat futures. Prices as of Mon, 14 Sep 2026 11:22:28 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
0.3196
median 0.3238
1Y low
0.1794
Jan 26, 2026
1Y high
0.4458
Sep 1, 2026
Normal band
0.2630–0.3762
mean ± 1 std dev
Deviation from mean
+1.61σ
156 observations
Wheat Futures to Platinum ratio charts
Pick a range once — it applies to the ZW-FUT/PL ratio line, the OHLC candles and the Wheat Futures / Platinum price chart below.
ZW-FUT/PL ratio line
How many T.oz of Platinum one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/PL ratio candles
Open, high, low and close of the ZW-FUT/PL ratio for each period in the last 1Y.
Wheat Futures 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 wheat futures to platinum ratio
Wheat Futures to Platinum ratio = Wheat Futures price per Ounce ÷ Platinum price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of platinum per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $728.35 ÷ $1,773.53 = 0.4107. The inverse is 2.435.
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 | 4283.59 |
| 2 | XAG | Silver | 63.37 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 101.53 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 105.05 |
| 5 | NG-FUT | Natural Gas Futures | 2.89 |
| 6 | PL | Platinum | 1770.16 |
| 7 | PA | Palladium | 1293.80 |
Frequently asked questions
What is the wheat futures to platinum ratio today?
The wheat futures to platinum ratio is 0.4107 — Wheat Futures at $728.35 per Ounce divided by Platinum at $1,773.53 per Troy Ounce, from live mid-market prices.
How do you calculate the wheat futures to platinum ratio?
Divide the wheat futures price per Ounce 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 Ounce of wheat futures.
What is the inverse of the wheat futures to platinum ratio?
The inverse, platinum to wheat futures, is 2.435 — how many Ounces of wheat futures one Troy Ounce of platinum buys.