Commodity ratio · live
Silver to Lead Futures Ratio
The silver to lead futures ratio is 0.03630 — Silver at $69.25 per Troy Ounce divided by Lead Futures at $1,907.93 per Metric Ton.
Prices as of Aug 24, 2026, 12:16 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Silver to Lead Futures ratio
1.000 T.oz of silver = 0.03630 T of lead futures
Inverse (LEAD-FUT/XAG): 27.55 — one Metric Ton of lead futures buys that much silver.
Close to the middle of its 1 year range. (55th percentile of the last 1 year)
Silver
$69.25
per Troy Ounce
Lead Futures
$1,907.93
per Metric Ton
Unit basis: USD per Troy Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of lead futures per Troy Ounce of silver. Prices as of Mon, 24 Aug 2026 12:16:09 GMT.
1Y average
0.03445
median 0.03538
1Y low
0.01897
Aug 24, 2025
1Y high
0.05946
Jan 29, 2026
Normal band
0.02721–0.04169
mean ± 1 std dev
Deviation from mean
+0.25σ
337 observations
Silver to Lead Futures ratio charts
Pick a range once — it applies to the XAG/LEAD-FUT ratio line, the OHLC candles and the Silver / Lead Futures price chart below.
XAG/LEAD-FUT ratio line
How many T of Lead Futures one T.oz of Silver buys, over 1Y.
XAG/LEAD-FUT ratio candles
Open, high, low and close of the XAG/LEAD-FUT ratio for each period in the last 1Y.
Silver and Lead Futures 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 lead futures ratio
Silver to Lead Futures ratio = Silver price per Troy Ounce ÷ Lead Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of lead futures per Troy Ounce of silver — rather than a plain count.
Worked example, live prices: $69.25 ÷ $1,907.93 = 0.03630. The inverse is 27.55.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the silver to lead futures ratio today?
The silver to lead futures ratio is 0.03630 — Silver at $69.25 per Troy Ounce divided by Lead Futures at $1,907.93 per Metric Ton, from live mid-market prices.
How do you calculate the silver to lead futures ratio?
Divide the silver price per Troy Ounce by the lead futures 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 lead futures per Troy Ounce of silver.
What is the inverse of the silver to lead futures ratio?
The inverse, lead futures to silver, is 27.55 — how many Troy Ounces of silver one Metric Ton of lead futures buys.