Commodity ratio · live
Silver to Milk Ratio
The silver to milk ratio is 4.147 — Silver at $68.96 per Troy Ounce divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 11:21 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Silver to Milk ratio
1.000 T.oz of silver = 4.147 Cwt of milk
Inverse (MILK/XAG): 0.2412 — one Hundredweight of milk buys that much silver.
Close to the middle of its 1 year range. (51th percentile of the last 1 year)
Silver
$68.96
per Troy Ounce
Milk
$16.63
per Hundredweight
Unit basis: USD per Troy Ounce ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Troy Ounce of silver. Prices as of Mon, 24 Aug 2026 11:21:43 GMT.
1Y average
4.135
median 4.144
1Y low
2.188
Aug 27, 2025
1Y high
8.119
Jan 28, 2026
Normal band
3.050–5.219
mean ± 1 std dev
Deviation from mean
+0.01σ
350 observations
Silver to Milk ratio charts
Pick a range once — it applies to the XAG/MILK ratio line, the OHLC candles and the Silver / Milk price chart below.
XAG/MILK ratio line
How many Cwt of Milk one T.oz of Silver buys, over 1Y.
XAG/MILK ratio candles
Open, high, low and close of the XAG/MILK ratio for each period in the last 1Y.
Silver and Milk 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 milk ratio
Silver to Milk ratio = Silver price per Troy Ounce ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Troy Ounce of silver — rather than a plain count.
Worked example, live prices: $68.96 ÷ $16.63 = 4.147. The inverse is 0.2412.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the silver to milk ratio today?
The silver to milk ratio is 4.147 — Silver at $68.96 per Troy Ounce divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the silver to milk ratio?
Divide the silver price per Troy Ounce by the milk price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of milk per Troy Ounce of silver.
What is the inverse of the silver to milk ratio?
The inverse, milk to silver, is 0.2412 — how many Troy Ounces of silver one Hundredweight of milk buys.