Commodity ratio · live
Zinc to Lead Futures Ratio
The zinc to lead futures ratio is 2.011 — Zinc at $3,839.15 per Metric Ton divided by Lead Futures at $1,909.38 per Metric Ton.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Zinc to Lead Futures ratio
1.000 T of zinc = 2.011 T of lead futures
Inverse (LEAD-FUT/ZINC): 0.4973 — one Metric Ton of lead futures buys that much zinc.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Zinc
$3,839.15
per Metric Ton
Lead Futures
$1,909.38
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of lead futures per Metric Ton of zinc. Prices as of Mon, 24 Aug 2026 10:32:57 GMT.
1Y average
1.674
median 1.690
1Y low
1.374
Aug 24, 2025
1Y high
2.022
Aug 21, 2026
Normal band
1.522–1.826
mean ± 1 std dev
Deviation from mean
+2.21σ
348 observations
Zinc to Lead Futures ratio charts
Pick a range once — it applies to the ZINC/LEAD-FUT ratio line, the OHLC candles and the Zinc / Lead Futures price chart below.
ZINC/LEAD-FUT ratio line
How many T of Lead Futures one T of Zinc buys, over 1Y.
ZINC/LEAD-FUT ratio candles
Open, high, low and close of the ZINC/LEAD-FUT ratio for each period in the last 1Y.
Zinc and Lead Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the zinc to lead futures ratio
Zinc to Lead Futures ratio = Zinc price per Metric Ton ÷ Lead Futures price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $3,839.15 ÷ $1,909.38 = 2.011. The inverse is 0.4973.
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 zinc to lead futures ratio today?
The zinc to lead futures ratio is 2.011 — Zinc at $3,839.15 per Metric Ton divided by Lead Futures at $1,909.38 per Metric Ton, from live mid-market prices.
How do you calculate the zinc to lead futures ratio?
Divide the zinc price per Metric Ton by the lead futures 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 lead futures per Metric Ton of zinc.
What is the inverse of the zinc to lead futures ratio?
The inverse, lead futures to zinc, is 0.4973 — how many Metric Tons of zinc one Metric Ton of lead futures buys.