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Rhodium Price Today

Rhodium, the rarest precious metal, used in catalytic converters and as a plating material.

Last updated: November 10, 2026

Source: Spot rhodium, via MetalpriceAPI

8,522.16
USD/oz
+1.63%
24h change
+2.47%
7-day change
+3.89%
30-day change

Rhodium (Spot rhodium) was 8,522.16 USD/oz on 10 November 2026, according to MetalpriceAPI data. That is up 3.89% since 11 Oct 2026.

Rhodium price facts and sources
Price8,522.16 USD/oz
As of10 November 2026
Type of figureMarket price, live data updated daily
What it measuresSpot rhodium
SourceMetalpriceAPI market data
Change since 11 Oct 2026+3.89%
UnitUSD/oz (US dollars per troy ounce)

Indicative only, not a contract price. How MetalsPlace sources its prices

30-Day Price Trend
About Rhodium

Rhodium is one of the rarest and most expensive metals on Earth, primarily used in three-way catalytic converters. It has seen extreme price volatility, ranging from under $1,000/oz to over $29,000/oz.

Common Grades & Types
Rhodium Metal (99.9%)
Primary metal, extremely scarce.
Auto-catalyst Scrap
Spent three-way catalytic converters from gasoline engines.
Key Applications
  • Three-way automotive catalytic converters (primary use, ~90% of demand)
  • Industrial chemical catalysts
  • Electroplating (white-gold jewellery)
  • Thermocouple elements
What Drives Rhodium Prices
  • 1Auto catalyst demand (gasoline vehicles)
  • 2Concentration of supply in South Africa (>80%)
  • 3Extremely thin market (small volumes have large price impact)
  • 4EV adoption trends
  • 5Substitution limitations (very few alternatives)
Frequently Asked Questions

Why is rhodium so expensive?

Rhodium is extraordinarily rare — world output is measured in tens of tonnes a year, a tiny fraction of gold or platinum. It has no viable substitutes in catalytic converters, and supply is almost entirely a by-product of platinum and palladium mining in South Africa.

Historical Prices
Last 30 days — USD/oz
DatePriceDaily Change
Nov 10, 20268,522.16+1.63%
Nov 9, 20268,385.44—
Nov 8, 20268,385.44—
Nov 7, 20268,385.44+0.82%
Nov 6, 20268,317.08—
Nov 5, 20268,317.08—
Nov 4, 20268,317.08—
Nov 3, 20268,317.08—
Nov 2, 20268,317.08+0.27%
Nov 1, 20268,294.29—
Oct 31, 20268,294.29—
Oct 30, 20268,294.29+0.28%
Oct 29, 20268,271.51—
Oct 28, 20268,271.51-0.27%
Oct 27, 20268,294.29-0.55%
Oct 26, 20268,339.87—
Oct 25, 20268,339.87—
Oct 24, 20268,339.87—
Oct 23, 20268,339.87+0.55%
Oct 22, 20268,294.29—
Oct 21, 20268,294.29—
Oct 20, 20268,294.29—
Oct 19, 20268,294.29—
Oct 17, 20268,294.29-0.55%
Oct 16, 20268,339.87-1.08%
Oct 15, 20268,431.01-1.07%
Oct 14, 20268,522.16+1.63%
Oct 13, 20268,385.44+2.22%
Oct 12, 20268,203.15—
Oct 11, 20268,203.15—
Current Price
8,522.16
USD/oz
24h
+1.63%
7d
+2.47%
30d
+3.89%
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Related Metals
Platinum
1,583.71
-6.39%
Palladium
1,040.98
-9.46%
Gold
4,118.79
-1.80%
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Prices are indicative and updated daily. Not for use as binding contract prices.