Global Market (GLOBAL) · USD
| Market | Price (USD/oz) | Status |
|---|---|---|
|
Global Market
viewing
GLOBAL · XX
|
$9,675.00
per oz
|
Open |
Rhodium is a rare platinum‑group metal used primarily as a catalyst in automotive catalytic converters to reduce NOx emissions, and also in chemical catalysts, electrical contacts and high‑end jewelry plating; its scarcity and essential role in emissions control make it a strategically important industrial commodity. Rhodium pricing is driven by very tight, geographically concentrated supply (largely South Africa and by‑product production), strong sensitivity to automotive demand and emissions regulation, limited market liquidity and recycling, and geopolitical and macroeconomic factors that produce pronounced price volatility.