Commodity ratio · live
Gold to Bitumen Ratio
The gold to bitumen ratio is 1.024 — Gold at $4,655.04 per Troy Ounce divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:09 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Gold to Bitumen ratio
1.000 T.oz of gold = 1.024 T of bitumen
Inverse (BIT/XAU): 0.9761 — one Metric Ton of bitumen buys that much gold.
Below its 1 year average. (21th percentile of the last 1 year)
Gold
$4,655.04
per Troy Ounce
Bitumen
¥4,544.00
per Metric Ton
Unit basis: USD per Troy Ounce ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Troy Ounce of gold. Prices as of Mon, 24 Aug 2026 12:09:52 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
1.205
median 1.134
1Y low
0.8683
Jun 10, 2026
1Y high
1.651
Jan 27, 2026
Normal band
1.008–1.402
mean ± 1 std dev
Deviation from mean
-0.92σ
312 observations
Gold to Bitumen ratio charts
Pick a range once — it applies to the XAU/BIT ratio line, the OHLC candles and the Gold / Bitumen price chart below.
XAU/BIT ratio line
How many T of Bitumen one T.oz of Gold buys, over 1Y.
XAU/BIT ratio candles
Open, high, low and close of the XAU/BIT ratio for each period in the last 1Y.
Gold and Bitumen prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the gold to bitumen ratio
Gold to Bitumen ratio = Gold price per Troy Ounce ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Troy Ounce of gold — rather than a plain count.
Worked example, live prices: $4,655.04 ÷ $4,544.00 = 1.024. The inverse is 0.9761.
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 gold to bitumen ratio today?
The gold to bitumen ratio is 1.024 — Gold at $4,655.04 per Troy Ounce divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the gold to bitumen ratio?
Divide the gold price per Troy Ounce by the bitumen 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 bitumen per Troy Ounce of gold.
What is the inverse of the gold to bitumen ratio?
The inverse, bitumen to gold, is 0.9761 — how many Troy Ounces of gold one Metric Ton of bitumen buys.