Ruthenium Price History

A long-term annual-average price series for ruthenium 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: $1,600 per USD/oz (as of 2026-05-03).

About Ruthenium

Ruthenium is a hard, silvery platinum group metal used primarily in electronics and chemical applications. It enhances the properties of other metals when alloyed and is increasingly important in next-generation data storage.

What drives Ruthenium prices

Ruthenium is critical for data storage technology and is being researched for next-generation solar cells and fuel cells. Demand is driven primarily by Hard disk drive data storage layers, Electrical resistors and contacts, Chemical catalysis. 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 Ruthenium prices.

Top end-uses driving Ruthenium demand

Top Ruthenium producers

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Frequently Asked Questions

What is the current ruthenium price?

The latest tracked ruthenium price is $1,600 per USD/oz. Live spot prices are shown on the Ruthenium live-price page.

How has the ruthenium price changed in the last year?

A long-term annual-average series for ruthenium 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 ruthenium price changed over the last 5 years?

A long-term annual-average series for ruthenium 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 ruthenium price changed over the last 10 years?

A long-term annual-average series for ruthenium 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 ruthenium prices?

Ruthenium is critical for data storage technology and is being researched for next-generation solar cells and fuel cells. Demand is driven primarily by Hard disk drive data storage layers, Electrical resistors and contacts, Chemical catalysis. 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 Ruthenium prices.