Rhodium Price History

A long-term annual-average price series for rhodium is not yet published on Critical Minerals HQ. To preserve our strict no-fabrication rule we show only the live spot price plus the on-file fundamentals below — extended historical data will be added once a verified source is wired in.

Latest tracked price: $4,600 per USD/oz (as of 2026-05-03).

About Rhodium

Rhodium is the rarest and most valuable of the platinum group metals. It is extraordinarily resistant to corrosion and has a very high melting point. Rhodium is used almost exclusively in three-way catalytic converters for automobiles.

What drives Rhodium prices

Rhodium is irreplaceable in catalytic converters for meeting strict NOx emissions regulations, and over 80% of supply comes from South Africa. Demand is driven primarily by Three-way catalytic converters, Glass manufacturing equipment, Electrical contact coatings. Supply is concentrated in South Africa, Russia, Zimbabwe, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Rhodium prices.

Top end-uses driving Rhodium demand

Top Rhodium producers

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Frequently Asked Questions

What is the current rhodium price?

The latest tracked rhodium price is $4,600 per USD/oz. Live spot prices are shown on the Rhodium live-price page.

How has the rhodium price changed in the last year?

A long-term annual-average series for rhodium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

How has the rhodium price changed over the last 5 years?

A long-term annual-average series for rhodium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

How has the rhodium price changed over the last 10 years?

A long-term annual-average series for rhodium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

What drives rhodium prices?

Rhodium is irreplaceable in catalytic converters for meeting strict NOx emissions regulations, and over 80% of supply comes from South Africa. Demand is driven primarily by Three-way catalytic converters, Glass manufacturing equipment, Electrical contact coatings. Supply is concentrated in South Africa, Russia, Zimbabwe, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Rhodium prices.