Commodity ratio · live
Wheat Futures to Silver Ratio
The wheat futures to silver ratio is 10.96 — Wheat Futures at $707.00 per Ounce divided by Silver at $64.53 per Troy Ounce.
Prices as of Sep 13, 2026, 8:16 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Silver ratio
1.000 Oz of wheat futures = 10.956 T.oz of silver
Inverse (XAG/ZW-FUT): 0.09127 — one Troy Ounce of silver buys that much wheat futures.
Above its 1 year average. (85th percentile of the last 1 year)
Wheat Futures
$707.00
per Ounce
Silver
$64.53
per Troy Ounce
Unit basis: USD per Ounce ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of silver per Ounce of wheat futures. Prices as of Sun, 13 Sep 2026 08:16:28 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
8.945
median 8.793
1Y low
4.504
Jan 28, 2026
1Y high
13.02
Sep 14, 2025
Normal band
7.137–10.75
mean ± 1 std dev
Deviation from mean
+1.11σ
170 observations
Wheat Futures to Silver ratio charts
Pick a range once — it applies to the ZW-FUT/XAG ratio line, the OHLC candles and the Wheat Futures / Silver price chart below.
ZW-FUT/XAG ratio line
How many T.oz of Silver one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/XAG ratio candles
Open, high, low and close of the ZW-FUT/XAG ratio for each period in the last 1Y.
Wheat Futures and Silver 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 silver ratio
Wheat Futures to Silver ratio = Wheat Futures price per Ounce ÷ Silver price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of silver per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $707.00 ÷ $64.53 = 10.96. The inverse is 0.09127.
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 | 4349.29 |
| 2 | XAG | Silver | 64.53 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 100.05 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 104.61 |
| 5 | NG-FUT | Natural Gas Futures | 2.83 |
| 6 | PL | Platinum | 1805.98 |
| 7 | PA | Palladium | 1309.60 |
Frequently asked questions
What is the wheat futures to silver ratio today?
The wheat futures to silver ratio is 10.96 — Wheat Futures at $707.00 per Ounce divided by Silver at $64.53 per Troy Ounce, from live mid-market prices.
How do you calculate the wheat futures to silver ratio?
Divide the wheat futures price per Ounce by the silver 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 silver per Ounce of wheat futures.
What is the inverse of the wheat futures to silver ratio?
The inverse, silver to wheat futures, is 0.09127 — how many Ounces of wheat futures one Troy Ounce of silver buys.