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Silver to Ethanol Ratio

The silver to ethanol ratio is 32.73 Silver at $69.38 per Troy Ounce divided by Ethanol at $2.12 per Gallon.

Prices as of Aug 24, 2026, 12:12 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Troy Ounce

Silver to Ethanol ratio

32.73+54.49% / 1Y

1.000 T.oz of silver = 32.726 Gal of ethanol

Inverse (ETHANOL/XAG): 0.03056 — one Gallon of ethanol buys that much silver.

Close to the middle of its 1 year range. (39th percentile of the last 1 year)

Silver

$69.38

per Troy Ounce

Ethanol

$2.12

per Gallon

Unit basis: USD per Troy Ounce ÷ USD per Gallon. The ratio reads as Gallons of ethanol per Troy Ounce of silver. Prices as of Mon, 24 Aug 2026 12:12:30 GMT.

1Y average

36.93

median 35.78

1Y low

19.05

Aug 24, 2025

1Y high

74.50

Jan 29, 2026

Normal band

27.15–46.70

mean ± 1 std dev

Deviation from mean

-0.43σ

350 observations

Silver to Ethanol ratio charts

Pick a range once — it applies to the XAG/ETHANOL ratio line, the OHLC candles and the Silver / Ethanol price chart below.

XAG/ETHANOL ratio line

How many Gal of Ethanol one T.oz of Silver buys, over 1Y.

XAG/ETHANOL ratio candles

Open, high, low and close of the XAG/ETHANOL ratio for each period in the last 1Y.

Silver and Ethanol 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 ethanol ratio

Silver to Ethanol ratio = Silver price per Troy Ounce ÷ Ethanol price per Gallon

The two legs use different units, so the result is a rate — Gallons of ethanol per Troy Ounce of silver — rather than a plain count.

Worked example, live prices: $69.38 ÷ $2.12 = 32.73. The inverse is 0.03056.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the silver to ethanol ratio today?

The silver to ethanol ratio is 32.73 — Silver at $69.38 per Troy Ounce divided by Ethanol at $2.12 per Gallon, from live mid-market prices.

How do you calculate the silver to ethanol ratio?

Divide the silver price per Troy Ounce by the ethanol price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of ethanol per Troy Ounce of silver.

What is the inverse of the silver to ethanol ratio?

The inverse, ethanol to silver, is 0.03056 — how many Troy Ounces of silver one Gallon of ethanol buys.

Silver to Ethanol Ratio — 32.73 Today | CommodityPriceAPI