Rhodium rose to 7,225 USD/t oz. on October 10, 2025, up 0.35% from the previous day. Over the past month, Rhodium's price has risen 1.40%, and is up 51.31% compared to the same time last year, 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 October of 2025.

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 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.

Palladium fell to 1,429 USD/t.oz on October 10, 2025, down 2.06% from the previous day. Over the past month, Palladium's price has risen 18.39%, and is up 35.32% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palladium - values, historical data, forecasts and news - updated on October of 2025.

The average price for rhodium in 2023 was roughly 6,660 U.S. dollars per troy ounce, marking a decrease of almost 9,000 U.S. dollars per ounce in price compared to the previous year. Rhodium is a noble metal and a platinum group metal. The main use of rhodium is as an autocatalyst.

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.

This dataset provides values for RHODIUM reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The global rhodium market size reached USD 2.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.4 Billion by 2033, exhibiting a growth rate (CAGR) of 5.18% during 2025-2033. The rising demand for catalytic converters from the automotive industry, growing demand for EVs, their unique catalytic properties, and expanding product application across diverse industries such as electronics, chemical, and jewelry are some of the major factors propelling the market.

IMARC Group provides an analysis of the key trends in each segment of the global rhodium market report, along with forecasts at the global, regional and country levels for 2025-2033. Our report has categorized the market based on source, product type, application, and end use industry.

United States Export Volume by Product: Platinum-Group Metals: Rhodium data was reported at 650.000 kg in 2017. This records a decrease from the previous number of 794.000 kg for 2016. United States Export Volume by Product: Platinum-Group Metals: Rhodium data is updated yearly, averaging 791.000 kg from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 2,320.000 kg in 2010 and a record low of 114.000 kg in 1999. United States Export Volume by Product: Platinum-Group Metals: Rhodium data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.WB003: Export Volume.

This dataset provides values for RHODIUM. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

India Imports: USD: HS: 28439012: Noble Metal Solutions of Platinum, Rhodium And Palladium data was reported at 133.910 USD mn in 2018. This records an increase from the previous number of 106.160 USD mn for 2017. India Imports: USD: HS: 28439012: Noble Metal Solutions of Platinum, Rhodium And Palladium data is updated yearly, averaging 85.430 USD mn from Mar 2004 (Median) to 2018, with 15 observations. The data reached an all-time high of 133.910 USD mn in 2018 and a record low of 10.070 USD mn in 2004. India Imports: USD: HS: 28439012: Noble Metal Solutions of Platinum, Rhodium And Palladium data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under India Premium Database’s Chemical and Petrochemical Sector – Table IN.RHG038: Chemical and Petrochemical Imports: Harmonized System: HS28: Inorganic Chemicals; Organic/Inorganic Coumpounds of Precious Metals/ Rare-Earth Metals: USD.

India Exports: Volume: HS: 28439012: Noble Metal Solutions of Platinum, Rhodium and Palladium data was reported at 0.630 kg th in 2018. This records an increase from the previous number of 0.420 kg th for 2017. India Exports: Volume: HS: 28439012: Noble Metal Solutions of Platinum, Rhodium and Palladium data is updated yearly, averaging 0.170 kg th from Mar 2009 (Median) to 2018, with 9 observations. The data reached an all-time high of 4.000 kg th in 2013 and a record low of 0.010 kg th in 2011. India Exports: Volume: HS: 28439012: Noble Metal Solutions of Platinum, Rhodium and Palladium data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under India Premium Database’s Foreign Trade – Table IN.JBE003: Foreign Trade: Harmonized System 8 Digits: By Commodity: HS28: Inorganic Chemicals, Compounds of Precious Metals, Isotopes: Exports: Volume.

This dataset provides values for RHODIUM. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Emission Control Catalyst Market was valued at $48.33 B in 2023, and is projected to reach $USD 87.38 B by 2032, at a CAGR of 6.80% from 2023 to 2032.

The GCC Rhodium market size is expected to exhibit a growth rate (CAGR) of 5.60% during 2025-2033. The expanding automotive sector, the rising demand for rhodium, the widespread adoption of rhodium in jewelry and luxury goods, and the growing popularity of rhodium among investors and distributors represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the GCC Rhodium market report, along with forecasts at the regional and country level from 2025-2033. Our report has categorized the market based on source, product type, application, and end-use industry.

Global precious metal plating chemicals market worth at USD 2.67 Billion in 2024, is expected to surpass USD 3.68 Billion by 2034, CAGR of 3.4% from 2025 to 2034

India Exports: Volume: HS: 71103900: Other Rhodium data was reported at 0.040 kg th in 2014. This records an increase from the previous number of 0.030 kg th for 2013. India Exports: Volume: HS: 71103900: Other Rhodium data is updated yearly, averaging 0.035 kg th from Mar 1997 (Median) to 2014, with 14 observations. The data reached an all-time high of 3.210 kg th in 2009 and a record low of 0.000 kg th in 2008. India Exports: Volume: HS: 71103900: Other Rhodium data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under India Premium Database’s Foreign Trade – Table IN.JCV003: Foreign Trade: Harmonized System 8 Digits: By Commodity: HS71: Pearls, Stones, Precious Metals, Imitation Jewellery: Exports: Volume.