Rhodium price data, historical values, forecasts, and news provided by Money Metals Exchange. Rhodium prices and trends updated regularly to provide accurate market insights.

Rhodium rose to 8,050 USD/t oz. on December 2, 2025, up 0.94% from the previous day. Over the past month, Rhodium's price has fallen 1.23%, but it is still 75.96% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rhodium - values, historical data, forecasts and news - updated on December of 2025.

Rhodium is a precious metal that removes pollutants from vehicle exhaust fumes. In February 2020, the price of rhodium was 11,665 U.S. dollars per troy ounce. By May 2020, the price decreased to below 8,000 U.S. dollars per ounce. In April 2021, the price rose to a new high of 28,775 U.S dollars, before decreasing throughout 2022 and early 2023. By December 2024, the average price significantly decreased, reaching around 4,575 U.S. dollars per troy ounce. In comparison, the price for an ounce of rhodium was approximately 5,905 U.S. dollars in August 2022. The rarest metal: Rhodium Rhodium is a rare and precious metal that belongs to the platinum group metals (PGMs), along with platinum, palladium, osmium, iridium, and ruthenium. Due to its scarcity, it is one of the most valuable metals in the world, often exceeding the price of gold. Rhodium is extensively used in the automotive industry to manufacture catalytic converters that reduce harmful emissions. Over the last few years, even with a steady supply, Rhodium demand has risen significantly, exceeding supply due to stricter emission regulations and advancements in the automobile industry. The significance of PGMs in South Africa South Africa is rich in various natural resources, such as metals and minerals. For example, almost all of the total global reserves of PGMs are in South Africa. In 2023, PGMs generated the highest revenue share in the South African mining sector compared to other commodities, amounting to 370 billion rands.

Gold and silver prices increased over the course of 2021, but these did not grow as fast as the prices of iridium and, especially, rhodium. According to a comparison of price indices, the price for rhodium - a precious metal similar to platinum and used especially in catalytic converters of cars - was ten times higher in April 2021 than it was in January 2019. The price hike for rhodium was apparently caused by coronavirus-related lockdowns implemented in South Africa, where mining companies had to close for several weeks.

5164 Global export shipment records of Rhodium Metal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The Rhodium(III) Sulfate market, currently valued at approximately $30 million in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.1% from 2025 to 2033. This growth is driven by increasing demand from key industries such as automotive catalysts, where rhodium's catalytic properties are crucial for emissions control in gasoline-powered vehicles. The rise in electric vehicle adoption presents a potential challenge, but the ongoing need for efficient catalysts in hybrid vehicles and the expanding applications of rhodium in other sectors, including chemical synthesis and electronics, are expected to offset this somewhat. Furthermore, advancements in refining techniques and increased recycling initiatives could contribute to a more stable and potentially expanding supply, although geopolitical factors and the inherent scarcity of rhodium itself remain considerable constraints. Companies like Heraeus Precious Metals, SAFINA, a.s., and Tanaka Holdings, along with other key players, are well-positioned to benefit from this growth, although competition is likely to intensify as demand increases. The market’s segmentation, while not fully detailed, likely includes distinctions based on purity levels, application, and geographic location, each influencing pricing and market dynamics. The forecast period (2025-2033) anticipates a continued, albeit moderate, expansion of the Rhodium(III) Sulfate market. While the CAGR remains relatively modest, consistent growth is expected due to continued industrial demand, albeit at a pace tempered by the inherent volatility of precious metal markets and potential fluctuations in global economic activity. Innovation in catalyst technologies and the development of new applications for rhodium are potential growth catalysts. However, regulatory changes affecting emissions standards, fluctuations in rhodium prices, and the inherent limitations of supply associated with the element's scarcity could pose significant challenges and affect the overall market trajectory during the forecast period. Therefore, strategic market positioning, focused research and development, and robust supply chain management will be crucial for success in this specialized market.

Statistics illustrates monthly prices of metals; rhodium, semi-manufactured in the United States from January 2019 to November 2025.

Statistics illustrates monthly prices of metals; rhodium, semi-manufactured in GCC from January 2019 to September 2025.

10864 Global import shipment records of Rhodium,metal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

As of May 2025, it was estimated that the global supply of rhodium stood at approximately 691,000 ounces. Rhodium is considered one of the rarest and most valuable metals in the world. Rhodium: the rare PGM Rhodium is a silver-colored platinum group metal (PGM) that is highly reflective and resistant to corrosion and oxidation. Platinum group metals include rhodium, platinum, ruthenium, iridium, osmium, and palladium. Rhodium is the rarest metal in the platinum family and occurs in the Earth’s crust at a rate of around one part per 200 million. It is primarily used in catalytic converters to clean motor emissions or as a finishing metal for jewelry. Despite having a stable supply globally, the demand for rhodium has been increasing over time. Platinum-group metals: expensive precious metals Platinum-group metal mine production has been stable in recent years. Platinum is one of the most expensive metals to produce due to its low concentration within the ore from which it is mined. The price of production varies greatly between the countries in which it is produced, with South Africa having the highest cost of production for platinum. The world’s leading producer of platinum as of 2019 was Anglo American Platinum Ltd.

Explore the dynamic High Purity Rhodium Powder market, driven by automotive catalysts and electronics, with a projected CAGR of 7.5%. Discover key drivers, restraints, and regional growth trends impacting this valuable material.

Statistics illustrates monthly prices of metals; rhodium, semi-manufactured in Martinique from January 2019 to October 2025.

Discover the booming rhodium recycling market! Explore the latest trends, CAGR projections, key players (Umicore, Johnson Matthey), and regional analysis (North America, Europe, Asia-Pacific) in this comprehensive market study. Learn about the factors driving growth and the challenges facing this lucrative sector. Forecast to 2033.

The rhodium recycling market is experiencing robust growth, driven by increasing demand from the automotive and jewelry sectors. The rising adoption of catalytic converters in vehicles, particularly in emerging economies experiencing rapid motorization, significantly boosts the demand for rhodium, a precious metal crucial for their efficiency. Simultaneously, the expanding luxury jewelry market fuels further demand, creating a strong incentive for efficient rhodium recycling. The market is segmented by application (jewelry, catalyst, others) and purity levels (0.999, 0.9995, 0.9999, others). Major players like Umicore, Johnson Matthey, and Heraeus dominate the landscape, leveraging their established expertise in precious metal refining and recycling. While the precise market size in 2025 is unavailable, considering a plausible CAGR of 8% (a reasonable estimate based on precious metal market trends) and estimating a 2019 market size of $500 million (a conservative estimate given the scarcity and high value of rhodium), we can project a 2025 market size in the range of $750-800 million. This projection, however, is an estimation based on industry knowledge and general market trends. Geographic distribution shows a significant concentration in North America and Europe, reflecting established automotive and industrial bases. However, rapid economic growth in Asia Pacific, particularly China and India, is expected to fuel substantial market expansion in these regions over the forecast period (2025-2033). Restraints to growth include fluctuating rhodium prices, influenced by global economic conditions and supply chain disruptions. The development of more efficient recycling technologies, and stricter environmental regulations promoting responsible resource management, should contribute to the sustained growth of this market. Further research into alternative catalytic converter materials, however, presents a potential long-term challenge. The high purity grades (0.9999) are likely to command premium prices due to the stringent requirements of certain applications.

The global Precious Metals Management market is poised for substantial growth, projected to reach an estimated USD 25,000 million in the base year of 2025, with a robust Compound Annual Growth Rate (CAGR) of 8% anticipated through the forecast period of 2025-2033. This expansion is primarily fueled by the increasing demand for precious metals in diverse industrial applications, including electronics, automotive, and jewelry, coupled with their enduring role as safe-haven assets in times of economic uncertainty. The recycling of precious and base metals is a significant driver, offering a sustainable and cost-effective source of these valuable resources. Furthermore, advancements in price risk management strategies and the growing reliance on precious metal chemicals for specialized industrial processes are contributing to market momentum. Companies are increasingly recognizing the strategic importance of efficient precious metals management to mitigate volatility and secure supply chains. The market exhibits a clear segmentation, with Platinum and Gold leading in terms of value and application diversity within the broader precious metals sector. The Precious and Base Metal Recycling Services segment stands out as a critical growth area, driven by environmental consciousness and the economic imperative to recover valuable materials. Key players like Johnson Matthey, Umicore, and Heraeus Holding are at the forefront of innovation, offering comprehensive solutions that encompass refining, recycling, and specialized chemical production. Geographically, Asia Pacific, particularly China and India, is emerging as a dominant force due to its rapidly expanding industrial base and significant consumer demand for precious metal-containing products. Europe and North America also represent mature yet significant markets, driven by established industries and a strong focus on sustainable resource management. However, the market faces potential restraints such as price volatility of the metals themselves and stringent regulatory frameworks governing their handling and trade, which necessitate sophisticated management strategies. This report provides an in-depth analysis of the global Precious Metals Management market, offering a comprehensive view of trends, drivers, challenges, and growth opportunities. The study encompasses a rigorous examination of the market from the historical period of 2019-2024, utilizing 2025 as the base and estimated year, and projecting future trends through the forecast period of 2025-2033. Our analysis delves into key segments including Platinum, Palladium, Rhodium, Iridium, Gold, Silver, and Other precious metals, alongside critical applications such as Precious and Base Metal Recycling Services, Price Risk Management, and Precious Metal Chemicals.

Indonesia Export: Value: Rhodium in Semi-Manufactured Forms data was reported at 0.070 USD mn in Oct 2022. This records an increase from the previous number of 0.043 USD mn for Jun 2021. Indonesia Export: Value: Rhodium in Semi-Manufactured Forms data is updated monthly, averaging 0.043 USD mn from Oct 2020 (Median) to Oct 2022, with 5 observations. The data reached an all-time high of 0.107 USD mn in Mar 2021 and a record low of 0.000 USD mn in Oct 2020. Indonesia Export: Value: Rhodium in Semi-Manufactured Forms data remains active status in CEIC and is reported by Statistics Indonesia. The data is categorized under Indonesia Premium Database’s Foreign Trade – Table ID.JAH071: Foreign Trade: by HS 8 Digits: Export: HS71: Natural, Cultured Pearls, Precious, Semi-Precious Stones, Precious Metals, Metals Clad with Precious Metal, and Articles Thereof, Imitatio.

Statistics illustrates prices of metals; rhodium, semi-manufactured in Papua New Guinea from 2007 to 2024.

Explore the booming Precious Metals Management market, driven by industrial demand and recycling trends. Gain insights into market size, CAGR, key drivers, and regional opportunities for Platinum, Palladium, Gold, and more.

The Platinum-Rhodium Alloy market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise figures for market size and CAGR are unavailable from the provided data, a reasonable estimation can be made based on industry knowledge and typical growth rates for high-value specialty metals. Considering the applications of platinum-rhodium alloys in crucial sectors like the automotive catalytic converters (for emission control), high-temperature applications (crucibles, thermocouples), and the chemical industry (catalysts), a conservative estimate for the 2025 market size would be around $750 million. Given the ongoing technological advancements and the inherent properties making platinum-rhodium alloys irreplaceable in many applications, a compounded annual growth rate (CAGR) of approximately 5-7% over the forecast period (2025-2033) appears plausible. This translates to a market size exceeding $1.2 billion by 2033. This growth is fueled by several key drivers. The automotive industry's stringent emission regulations are a significant factor, driving demand for high-performance catalytic converters. Furthermore, the expansion of the chemical and electronics industries, with their need for durable and highly resistant materials in various applications, contributes significantly to market growth. However, price volatility of platinum and rhodium, along with the exploration of alternative materials, pose challenges to the market's continued expansion. The market is segmented based on application (e.g., automotive, chemical, electronics) and geographic regions (North America, Europe, Asia-Pacific, etc.), with specific regional market share varying based on industrial development and regulatory landscapes. Key players, including Tanaka, American Elements, and others, compete based on product quality, technological innovation, and pricing strategies. Future market performance will depend on the continued adoption of clean technologies, macroeconomic conditions, and technological breakthroughs in material science.

In 2023, the highest price among the platinum group metals (PGM) in the United States was rhodium at ***** U.S. dollars per ounce. Ruthenium had the lowest PGM price in the U.S. at that time, at ****** U.S. dollars per troy ounce.