What is the current price for ruthenium?
PGMs
| Price | |
|---|---|
| RHODIUM USD/Oz | 14200.00 |
| RHODIUM GBP/Oz | 10389.50 |
| RHODIUM EUR/Oz | 12286.41 |
| RUTHENIUM USD/Oz | 650.00 |
Is Iridium more expensive than gold?
Iridium, which is also used in spark plugs, has climbed to $6,000 an ounce, according to Johnson Matthey Plc data. That makes it more than three times more expensive than gold.
Why is palladium so expensive?
Why is palladium so expensive? While some obscure metals like rhodium are still more valuable, palladium has mainly traded above gold since 2019. As governments across the world are tightening pollution-related norms, the demand for emissions-reducing catalysts, in which palladium is used, has gone up sharply.
What metals cost the most?
We’re going to take a look at the five most expensive precious metals and what makes them so valuable.
- Rhodium. Rhodium is the most expensive metal in the world, and it is also extremely rare.
- Platinum. Platinum is one of the most widely-used precious metals because of its sheer versatility.
- Gold.
- Ruthenium.
- Iridium.
What is the current price for iridium?
Iridium Price
| Year | Price | Price (Inflation Adjusted) |
|---|---|---|
| 2018 | $970.00 | $970.00 |
| 2017 | $698.07 | $714.82 |
| 2016 | $575.06 | $602.41 |
| 2015 | $543.31 | $582.24 |
Can I sell iridium?
Iridium isn’t traded on a bourse or through exchange-traded funds, retail buyers are limited to ingots from a handful of dealers and the few major investors dealing in it go straight to producers.
Is palladium more precious than gold?
Explained: Why palladium is more precious than gold or platinum; its uses. At Rs 46,500, the shiny metal is still quite expensive, but palladium outshines both gold and platinum. At present, palladium costs nearly 50 percent more than gold.