commodities · sound money ratio
iron ore in gold
current spot ratio
0.0263
denominated in gold oz
1-day change
-1.97%
30-day change
+2.25%
30-day range
0.0254 - 0.0275
sound money analysis & perspective
iron ore priced in gold. useful for the real cost of steel and infrastructure: china property cycles and global capex appear here without dollar translation noise. this chart is unique for commodity-linked macro and emerging-market construction intensity. iron-ore-in-gold has no substitute when asking what physical building costs in ounces.