Commodity ratio · live
Gold to Ethanol Ratio
The gold to ethanol ratio is 2190 — Gold at $4,643.81 per Troy Ounce divided by Ethanol at $2.12 per Gallon.
Prices as of Aug 24, 2026, 10:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Gold to Ethanol ratio
1.000 T.oz of gold = 2,190.5 Gal of ethanol
Inverse (ETHANOL/XAU): 0.0004565 — one Gallon of ethanol buys that much gold.
Below its 1 year average. (26th percentile of the last 1 year)
Gold
$4,643.81
per Troy Ounce
Ethanol
$2.12
per Gallon
Unit basis: USD per Troy Ounce ÷ USD per Gallon. The ratio reads as Gallons of ethanol per Troy Ounce of gold. Prices as of Mon, 24 Aug 2026 10:26:59 GMT.
1Y average
2406
median 2351
1Y low
1676
Aug 24, 2025
1Y high
3433
Jan 29, 2026
Normal band
2065–2747
mean ± 1 std dev
Deviation from mean
-0.63σ
337 observations
Gold to Ethanol ratio charts
Pick a range once — it applies to the XAU/ETHANOL ratio line, the OHLC candles and the Gold / Ethanol price chart below.
XAU/ETHANOL ratio line
How many Gal of Ethanol one T.oz of Gold buys, over 1Y.
XAU/ETHANOL ratio candles
Open, high, low and close of the XAU/ETHANOL ratio for each period in the last 1Y.
Gold and Ethanol 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 ethanol ratio
Gold to Ethanol ratio = Gold price per Troy Ounce ÷ Ethanol price per Gallon
The two legs use different units, so the result is a rate — Gallons of ethanol per Troy Ounce of gold — rather than a plain count.
Worked example, live prices: $4,643.81 ÷ $2.12 = 2190. The inverse is 0.0004565.
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 ethanol ratio today?
The gold to ethanol ratio is 2190 — Gold at $4,643.81 per Troy Ounce divided by Ethanol at $2.12 per Gallon, from live mid-market prices.
How do you calculate the gold to ethanol ratio?
Divide the gold price per Troy Ounce by the ethanol price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of ethanol per Troy Ounce of gold.
What is the inverse of the gold to ethanol ratio?
The inverse, ethanol to gold, is 0.0004565 — how many Troy Ounces of gold one Gallon of ethanol buys.