Commodity ratio · live
Gold to Butter Ratio
The gold to butter ratio is 1.067 — Gold at $4,642.60 per Troy Ounce divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Gold to Butter ratio
1.000 T.oz of gold = 1.067 T of butter
Inverse (BUTTER/XAU): 0.9370 — one Metric Ton of butter buys that much gold.
Close to the middle of its 1 year range. (58th percentile of the last 1 year)
Gold
$4,642.60
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 gold. Prices as of Mon, 24 Aug 2026 11:27:37 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
0.9934
median 1.053
1Y low
0.4875
Aug 24, 2025
1Y high
1.389
Jan 27, 2026
Normal band
0.8156–1.171
mean ± 1 std dev
Deviation from mean
+0.42σ
336 observations
Gold to Butter ratio charts
Pick a range once — it applies to the XAU/BUTTER ratio line, the OHLC candles and the Gold / Butter price chart below.
XAU/BUTTER ratio line
How many T of Butter one T.oz of Gold buys, over 1Y.
XAU/BUTTER ratio candles
Open, high, low and close of the XAU/BUTTER ratio for each period in the last 1Y.
Gold 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 gold to butter ratio
Gold to Butter ratio = Gold 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 gold — rather than a plain count.
Worked example, live prices: $4,642.60 ÷ $4,350.00 = 1.067. The inverse is 0.9370.
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 butter ratio today?
The gold to butter ratio is 1.067 — Gold at $4,642.60 per Troy Ounce divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the gold to butter ratio?
Divide the gold 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 gold.
What is the inverse of the gold to butter ratio?
The inverse, butter to gold, is 0.9370 — how many Troy Ounces of gold one Metric Ton of butter buys.