Compare movement, not price level
An index of 120 means the series rose 20% from its starting observation. It does not mean the commodity costs 120 dollars.
Choose any two commodities to compare their percentage movement from a shared starting value of 100.
Choose any two different commodities to update this chart. Prefer a short, plain-language answer? Build the commodity price-race story →
Ratios use aligned prices; yearly figures average monthly observations.
Open a focused comparison where the two markets have a useful relationship. Use the chart above for any other pairing.
12 comparisons
Each selected series starts at 100 on its first shared date. The chart therefore compares percentage movement across different units and price levels; it does not imply that one tonne, barrel or troy ounce is equivalent to another.
An index of 120 means the series rose 20% from its starting observation. It does not mean the commodity costs 120 dollars.
The chart keeps observations that exist for both commodities. It does not turn a missing value into zero or guess a price between dates.
A comparison is easier to trust when you can inspect both units, frequencies and source dates. Each dedicated pair links back to its two price pages.
Open a dedicated comparison below for server-rendered observations, current source specifications, market uses and links back to both price pages. Use the historical price archive for a single source series. For an absolute price ratio, use the dedicated gold–silver ratio.