Commodity ratio · live
Gold to Cobalt Ratio
The gold to cobalt ratio is 0.08252 — Gold at $4,645.07 per Troy Ounce divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:21 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Gold to Cobalt ratio
1.000 T.oz of gold = 0.08252 T of cobalt
Inverse (COB/XAU): 12.12 — one Metric Ton of cobalt buys that much gold.
Close to the middle of its 1 year range. (46th percentile of the last 1 year)
Gold
$4,645.07
per Troy Ounce
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Troy Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Troy Ounce of gold. Prices as of Mon, 24 Aug 2026 11:21:31 GMT.
1Y average
0.08531
median 0.08311
1Y low
0.07003
Jun 29, 2026
1Y high
0.1160
Oct 5, 2025
Normal band
0.07503–0.09559
mean ± 1 std dev
Deviation from mean
-0.27σ
337 observations
Gold to Cobalt ratio charts
Pick a range once — it applies to the XAU/COB ratio line, the OHLC candles and the Gold / Cobalt price chart below.
XAU/COB ratio line
How many T of Cobalt one T.oz of Gold buys, over 1Y.
XAU/COB ratio candles
Open, high, low and close of the XAU/COB ratio for each period in the last 1Y.
Gold and Cobalt 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 cobalt ratio
Gold to Cobalt ratio = Gold price per Troy Ounce ÷ Cobalt price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cobalt per Troy Ounce of gold — rather than a plain count.
Worked example, live prices: $4,645.07 ÷ $56,290.00 = 0.08252. The inverse is 12.12.
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 cobalt ratio today?
The gold to cobalt ratio is 0.08252 — Gold at $4,645.07 per Troy Ounce divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the gold to cobalt ratio?
Divide the gold price per Troy Ounce by the cobalt 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 cobalt per Troy Ounce of gold.
What is the inverse of the gold to cobalt ratio?
The inverse, cobalt to gold, is 12.12 — how many Troy Ounces of gold one Metric Ton of cobalt buys.