Global Market (GLOBAL) · USD
| Market | Price (USD/oz) | Status |
|---|---|---|
|
Global Market
viewing
GLOBAL · XX
|
$5,273.57
per oz
|
Open |
Iridium is a rare platinum‑group precious metal prized for its exceptional corrosion and heat resistance, used in high‑temperature crucibles, electrical contacts, catalysts and specialized aerospace and industrial components. Its market importance and pricing are driven by extreme scarcity and concentrated supply (chiefly South Africa and Russia), by‑product production from nickel/platinum mining, recycling and stockpile flows, industrial demand for PGMs, and geopolitical and macroeconomic factors.