Titanium traded flat at 50.50 CNY/KG on June 6, 2025. Over the past month, Titanium's price has remained flat, but it is still 0.98% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Titanium.

Get the latest insights on price movement and trend analysis of Titanium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

In 2024, the price for one metric ton of bulk rutile – a titanium mineral – with a minimum of 95 percent titanium dioxide content, free on board from Australia, came to an estimated 1,310 U.S. dollars. In comparison, the average unit price for one metric ton of ilmenite – another titanium mineral – imported to the United States was 340 U.S. dollars that same year.

Titanium Price in the UK - 2023. Find the latest marketing data on the IndexBox platform.

Titanium Price in South Africa - 2023. Find the latest marketing data on the IndexBox platform.

In 2025, the price of platinum is forecast to hover around 1,150 U.S. dollars per troy ounce. Meanwhile, the cost of per troy ounce of gold is expected to amount to 1,700 U.S. dollars.

Precious metals

Precious metals are counted among the most valuable commodities worldwide. The most well known such metals are gold, silver and the platinum group metals. A precious metal can be used as an industrial commodity or as an investment. The major areas of application include the following sectors: technology, car-making, industrial manufacturing and jewelry making. Furthermore, gold and silver are used as coinage metals, and gold reserves are held by the central banks of many countries worldwide in order to store value or for use as a redemption medium. The idea behind this procedure is that gold reserves will help secure and stabilize the countries’ respective currencies. At 8,100 tons, the United States is the country with the most extensive stock of gold. It is kept in an underground vault at the New York Federal Reserve Bank.

Russia, the United States, Canada, South Africa and China are the main producers of precious metals. Silver is the most abundant of the metals, followed by gold and palladium. Barrick Gold is the world’s largest gold mining company. The Toronto-based firm produced some five million ounces of gold in 2020. The leading silver producers include Mexico-based Fresnillo, Poland’s KGHM Polska Miedž and the mining giant Glencore. Anglo Platinum and Impala are the key mining companies to produce platinum group metals.

In 2023, Silver prices are expected to settle at around 23.5 U.S. dollars per troy ounce. It is expected to remain the precious metal with the lowest value per ounce. The price of gold is forecast to drop to around 1,663 U.S. dollars per ounce, making it the most expensive precious metal in 2023.

For the fourth year in a row, the Philippines recorded growth in overseas purchases of titanium sponge, powders, ingots and slabs, which increased by 21% to 3.6 tons in 2023.

In 2023, the amount of titanium sponge, powders, ingots and slabs imported into Australia plummeted to 56 tons, reducing by -33.1% compared with the previous year.

For the third year in a row, Sri Lanka recorded decline in purchases abroad of titanium sponge, powders, ingots and slabs, which decreased by -10% to 9 kg in 2023.

In 2024, after two years of growth, there was significant decline in the Pakistani titanium market, when its value decreased by -17.8% to $13K. Overall, consumption, however, enjoyed a resilient increase. Over the period under review, the market attained the peak level at $15K in 2023, and then declined remarkably in the following year.