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Rhodium Price Today
The rarest of the platinum group — and historically the most expensive metal on the planet.
Element
45
Rh
Rhodium
Quoted in
USD per troy ounce
Density
12.4 g/cmÂł
Melting point
1,964 °C
Annual supply
~30 tonnes
About the metal
What is Rhodium?
Rhodium is an ultra-rare, highly reflective member of the platinum group, mined almost exclusively as a by-product of platinum and nickel extraction in South Africa. With annual supply under 30 tonnes, the market is small, illiquid, and prone to dramatic price spikes. Demand is dominated by autocatalysts that scrub nitrogen oxides from gasoline engine exhaust.
Where Rhodium is used
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