Commodity ratio · live
Gold to Lumber Futures Ratio
The gold to lumber futures ratio is 8.089 — Gold at $4,643.24 per Troy Ounce divided by Lumber Futures at $574.00 per Thousand Board Feet.
Prices as of Aug 24, 2026, 10:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Gold to Lumber Futures ratio
1.000 T.oz of gold = 8.089 Mbf of lumber futures
Inverse (LB-FUT/XAU): 0.1236 — one Thousand Board Feet of lumber futures buys that much gold.
Above its 1 year average. (73th percentile of the last 1 year)
Gold
$4,643.24
per Troy Ounce
Lumber Futures
$574.00
per Thousand Board Feet
Unit basis: USD per Troy Ounce ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Troy Ounce of gold. Prices as of Mon, 24 Aug 2026 10:31:56 GMT.
1Y average
7.528
median 7.654
1Y low
5.540
Aug 25, 2025
1Y high
9.860
Mar 1, 2026
Normal band
6.701–8.356
mean ± 1 std dev
Deviation from mean
+0.68σ
337 observations
Gold to Lumber Futures ratio charts
Pick a range once — it applies to the XAU/LB-FUT ratio line, the OHLC candles and the Gold / Lumber Futures price chart below.
XAU/LB-FUT ratio line
How many Mbf of Lumber Futures one T.oz of Gold buys, over 1Y.
XAU/LB-FUT ratio candles
Open, high, low and close of the XAU/LB-FUT ratio for each period in the last 1Y.
Gold and Lumber Futures 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 lumber futures ratio
Gold to Lumber Futures ratio = Gold price per Troy Ounce ÷ Lumber Futures price per Thousand Board Feet
The two legs use different units, so the result is a rate — Thousand Board Feets of lumber futures per Troy Ounce of gold — rather than a plain count.
Worked example, live prices: $4,643.24 ÷ $574.00 = 8.089. The inverse is 0.1236.
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 lumber futures ratio today?
The gold to lumber futures ratio is 8.089 — Gold at $4,643.24 per Troy Ounce divided by Lumber Futures at $574.00 per Thousand Board Feet, from live mid-market prices.
How do you calculate the gold to lumber futures ratio?
Divide the gold price per Troy Ounce by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Troy Ounce of gold.
What is the inverse of the gold to lumber futures ratio?
The inverse, lumber futures to gold, is 0.1236 — how many Troy Ounces of gold one Thousand Board Feet of lumber futures buys.