Commodity ratio · live
Silver to Butter Ratio
The silver to butter ratio is 0.01585 — Silver at $68.96 per Troy Ounce divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Silver to Butter ratio
1.000 T.oz of silver = 0.01585 T of butter
Inverse (BUTTER/XAG): 63.08 — one Metric Ton of butter buys that much silver.
Close to the middle of its 1 year range. (45th percentile of the last 1 year)
Silver
$68.96
per Troy Ounce
Butter
€4,350.00
per Metric Ton
Unit basis: USD per Troy Ounce ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Troy Ounce of silver. Prices as of Mon, 24 Aug 2026 10:29:50 GMT.
These two commodities are quoted in different currencies (USD and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.01535
median 0.01616
1Y low
0.005540
Aug 24, 2025
1Y high
0.02936
Jan 27, 2026
Normal band
0.01087–0.01982
mean ± 1 std dev
Deviation from mean
+0.11σ
349 observations
Silver to Butter ratio charts
Pick a range once — it applies to the XAG/BUTTER ratio line, the OHLC candles and the Silver / Butter price chart below.
XAG/BUTTER ratio line
How many T of Butter one T.oz of Silver buys, over 1Y.
XAG/BUTTER ratio candles
Open, high, low and close of the XAG/BUTTER ratio for each period in the last 1Y.
Silver and Butter prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the silver to butter ratio
Silver to Butter ratio = Silver price per Troy Ounce ÷ Butter price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of butter per Troy Ounce of silver — rather than a plain count.
Worked example, live prices: $68.96 ÷ $4,350.00 = 0.01585. The inverse is 63.08.
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 silver to butter ratio today?
The silver to butter ratio is 0.01585 — Silver at $68.96 per Troy Ounce divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the silver to butter ratio?
Divide the silver price per Troy Ounce by the butter 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 butter per Troy Ounce of silver.
What is the inverse of the silver to butter ratio?
The inverse, butter to silver, is 63.08 — how many Troy Ounces of silver one Metric Ton of butter buys.