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Rhodium Price — 10-Day Movement
All prices in ₹ per gram · daily rate, updated once per day
A Side Effect of the Metal's Own Value
Rhodium is trading at ₹26,198.49 per gram today, and that number has a real-world consequence that has nothing to do with investment portfolios or industrial buyers: it has made the catalytic converter bolted under an ordinary parked car worth stealing. Insurers and law enforcement agencies in several countries have reported a rise in catalytic converter theft over recent years, and the pattern tracks fairly closely with how expensive the platinum-group metals inside those converters have become.
The mechanics are blunt. A thief slides under a parked vehicle, cuts the converter free from the exhaust line with a portable saw, and is gone within a few minutes — no key, no alarm bypass, nothing that requires getting inside the car at all. What's removed then gets sold on to scrap metal or recycling buyers, who pay based on the platinum, palladium, and rhodium content once it's assayed. The exact PGM loading varies by vehicle and manufacturer, and nobody publishes a reliable universal figure for it, but rhodium is consistently the most valuable of the three metals gram for gram — which is exactly why its price swings show up so directly in how often this kind of theft gets reported.
- Rhodium, 1 gram: ₹26,198.49
- Rhodium, 5 grams: ₹130,992.46
- Rhodium, 10 grams: ₹261,984.92
Those figures are for rhodium alone — a stolen converter's actual resale value to a scrap buyer also includes whatever platinum and palladium it holds, so the totals a thief is chasing run higher still.
Rhodium Price by Weight
Today's Rhodium rate is Twenty Six Thousand One Hundred and Ninety Eight Rupees per gram. At this rate, 10 grams of Rhodium costs Two Lakh Sixty One Thousand Nine Hundred and Eighty Five Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹26,198.49 | Twenty Six Thousand One Hundred and Ninety Eight Rupees |
| 8 Grams | 8.0000 g | ₹209,587.93 | Two Lakh Nine Thousand Five Hundred and Eighty Eight Rupees |
| 10 Grams | 10.0000 g | ₹261,984.92 | Two Lakh Sixty One Thousand Nine Hundred and Eighty Five Rupees |
| 100 Grams | 100.0000 g | ₹2,619,849.16 | Twenty Six Lakh Nineteen Thousand Eight Hundred and Forty Nine Rupees |
| 1 Kilogram | 1,000.0000 g | ₹26,198,491.62 | Two Crore Sixty One Lakh Ninety Eight Thousand Four Hundred and Ninety Two Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹742,714.14 | Seven Lakh Forty Two Thousand Seven Hundred and Fourteen Rupees |
| 1 Troy Ounce | 31.1035 g | ₹814,864.78 | Eight Lakh Fourteen Thousand Eight Hundred and Sixty Five Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹26,198,491,620.00 | Two Thousand Six Hundred and Nineteen Crore Eighty Four Lakh Ninety One Thousand Six Hundred and Twenty Rupees |
Why Some Cars Get Targeted More Than Others
Not every vehicle carries the same risk, and the pattern isn't random. Ground clearance is the factor that shows up most consistently in insurer and law enforcement reporting — a pickup truck or SUV sitting higher off the ground lets a thief slide underneath and work without needing to jack the vehicle up first, which cuts the time a theft takes down considerably. Low-slung sedans, by contrast, usually require jacking, which adds noise, time, and risk that many thieves would rather avoid.
Hybrids show up more often than you'd expect
Hybrid models, the Toyota Prius chief among them in report after report, turn up as targets surprisingly often — more than their share of vehicles on the road would suggest. The likely reason isn't mysterious: a hybrid's petrol engine runs less of the time than a conventional car's, since the electric motor handles a share of the driving. That means less exhaust heat and wear passing through the converter over the vehicle's life, so it tends to retain more of its usable metal content by the time a thief gets to it. Larger engines in trucks and SUVs cut the other way — bigger engines generally need larger converters, which can mean more total PGM content sitting there to begin with.
| Factor | Higher-Risk Pattern | Lower-Risk Pattern |
|---|---|---|
| Ground clearance | High — trucks, SUVs (easy under-vehicle access, no jack needed) | Low — sedans and hatchbacks (jacking required, slower and noisier) |
| Engine type | Hybrid (converter runs less, retains more usable metal) | Conventional petrol/diesel with high mileage (more wear over time) |
| Converter size/count | Larger engines or multiple converters (more total PGM content) | Smaller single-converter setups |
| Parking pattern | Street-parked overnight, isolated or poorly lit areas | Locked garage, monitored lot, or well-lit residential street |
Rhodium Price History — Last 10 Days
The most recent Rhodium price on record (2026-09-17) is Twenty Six Thousand One Hundred and Ninety Eight Rupees per gram. This is down by Six Hundred and Forty Five Rupees from the previous day's rate of ₹26,843.80.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹26,198.49 | -645.31 |
| 2026-09-16 | ₹26,843.80 | -6.75 |
| 2026-09-15 | ₹26,850.55 | +45.15 |
| 2026-09-14 | ₹26,805.40 | -717.89 |
| 2026-09-13 | ₹27,523.29 | +0.46 |
| 2026-09-12 | ₹27,522.83 | +17.70 |
| 2026-09-11 | ₹27,505.13 | +258.00 |
| 2026-09-10 | ₹27,247.13 | +276.61 |
| 2026-09-09 | ₹26,970.53 | +368.84 |
| 2026-09-08 | ₹26,601.69 | — |
How Owners, Recyclers, and Regulators Have Responded
None of this is news to insurers, and the response has moved beyond just paying claims. Anti-theft shields and cages — metal cases bolted around the converter to slow down anyone trying to cut it free — are now a common recommendation and, in some cases, a feature dealerships install proactively on higher-risk models. Etching the vehicle's identification number directly onto the converter is another widely-suggested step: it doesn't stop a determined thief, but it makes a stolen unit far harder for a scrap buyer to accept without questions.
On the regulatory side, several jurisdictions have passed laws requiring scrap metal and recycling dealers to record seller identification, and in many cases vehicle or converter details, before buying a catalytic converter at all — an attempt to close off the easy resale channel that makes the theft worthwhile in the first place. Whether that pressure meaningfully changes theft rates going forward isn't something anyone can say with confidence; it depends on enforcement, on how PGM prices move, and on how quickly criminal channels adapt. What's clear already is that this is a genuine, ongoing consequence of what rhodium, platinum, and palladium are worth today — not a hypothetical one.
Catalytic Converter Theft & Rhodium — FAQs
Because of what's inside them. Every catalytic converter contains a mix of platinum-group metals — platinum, palladium, and rhodium — packed into its ceramic core, and rhodium is by a wide margin the most valuable of the three per gram, currently ₹26,198.49. A converter can be cut free from underneath a parked car in a short amount of time and sold on to scrap or recycling buyers, which is a big part of why it's become a recurring target.
Insurers and law enforcement in several countries have repeatedly flagged trucks and SUVs with high ground clearance, since a thief can often reach the converter without jacking the vehicle up, along with certain hybrid models — the Toyota Prius comes up again and again in these reports. The exact risk still varies by vehicle, model year, and region, so treat any specific ranking as a general pattern rather than a guarantee.
All three metals matter, but rhodium's outsized per-gram value is what tends to get the headlines. A converter holds some combination of all three PGMs, and the exact mix varies by manufacturer and vehicle type — but gram for gram, rhodium is consistently the most valuable of the three, which is part of why converter theft tracks PGM price cycles as closely as it does.
Common, widely-recommended steps include fitting an anti-theft shield or cage around the converter, having the converter etched or marked with the vehicle's identification number, parking in a locked garage or well-lit area rather than an isolated street, and installing an alarm sensitive to vibration or tilt under the vehicle. None of these make theft impossible, but they add time and risk for anyone attempting it.
Yes. A number of jurisdictions have introduced laws requiring scrap metal and recycling dealers to record seller identification, and often the vehicle or converter's identifying details, before buying a catalytic converter — aimed at making it harder to offload a stolen one anonymously. Insurers have also published owner guidance and, in many cases, track catalytic converter theft as a distinct claims category.
Not in any meaningful way. Legitimate autocatalyst recycling — metal recovered from converters at the end of a vehicle's life through proper channels — is a real, established secondary supply source, but stolen metal moving through informal scrap channels is a tiny sliver of that. Theft is better understood as a consequence of high PGM prices than as something that drives them.
