Price Ranges for Rhodium Alloys or Rhodium
The price of rhodium, a precious metal commonly used in jewelry and in catalytic converters in automobiles, can vary significantly due to market demand and supply dynamics. As of September 2021, rhodium prices have been fluctuating at historically high levels, reaching over $20,000 per troy ounce.
Rhodium alloys, which are mixtures of rhodium with other metals like platinum, are typically priced based on the prevailing market price of rhodium along with the cost of other metals used in the alloy. The price of rhodium alloys can thus vary based on the specific composition and market conditions.
Due to the volatile nature of rhodium prices, it is recommended to check for current pricing from reputable sources or consult with industry experts for the most up-to-date and accurate information.