Global Market (GLOBAL) · USD
| Market | Price (USD/oz) | Status |
|---|---|---|
|
Global Market
viewing
GLOBAL · XX
|
$1,373.00
per oz
|
Open |
Ruthenium is a rare platinum-group metal used to harden platinum and palladium alloys, as a catalyst in chemical and organometallic processes, and in electronics (chip resistors and durable electrical contacts). Its market significance reflects these niche but critical industrial applications; pricing is driven by limited, concentrated supply as a mining by-product, small market liquidity, technological demand and recycling rates, and material form and purity, which together can cause greater price volatility than larger precious metals.