Commodity ratio · live
Gold to Coal Ratio
The gold to coal ratio is 35.31 — Gold at $4,643.08 per Troy Ounce divided by Coal at $131.50 per Metric Ton.
Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Gold to Coal ratio
1.000 T.oz of gold = 35.309 T of coal
Inverse (COAL/XAU): 0.02832 — one Metric Ton of coal buys that much gold.
Close to the middle of its 1 year range. (44th percentile of the last 1 year)
Gold
$4,643.08
per Troy Ounce
Coal
$131.50
per Metric Ton
Unit basis: USD per Troy Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of coal per Troy Ounce of gold. Prices as of Mon, 24 Aug 2026 10:27:59 GMT.
1Y average
36.11
median 35.87
1Y low
26.66
Jun 10, 2026
1Y high
51.41
Jan 27, 2026
Normal band
31.62–40.60
mean ± 1 std dev
Deviation from mean
-0.18σ
337 observations
Gold to Coal ratio charts
Pick a range once — it applies to the XAU/COAL ratio line, the OHLC candles and the Gold / Coal price chart below.
XAU/COAL ratio line
How many T of Coal one T.oz of Gold buys, over 1Y.
XAU/COAL ratio candles
Open, high, low and close of the XAU/COAL ratio for each period in the last 1Y.
Gold and Coal 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 coal ratio
Gold to Coal ratio = Gold price per Troy Ounce ÷ Coal price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of coal per Troy Ounce of gold — rather than a plain count.
Worked example, live prices: $4,643.08 ÷ $131.50 = 35.31. The inverse is 0.02832.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the gold to coal ratio today?
The gold to coal ratio is 35.31 — Gold at $4,643.08 per Troy Ounce divided by Coal at $131.50 per Metric Ton, from live mid-market prices.
How do you calculate the gold to coal ratio?
Divide the gold price per Troy Ounce by the coal 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 coal per Troy Ounce of gold.
What is the inverse of the gold to coal ratio?
The inverse, coal to gold, is 0.02832 — how many Troy Ounces of gold one Metric Ton of coal buys.