Quick Conversions
Rhodium's 10-Day Price Trend, in Ounce and Gram Terms
All prices in ₹ per gram · daily rate, updated once per day
Rhodium Price per Ounce, Straight From the Gram Rate
A troy ounce of rhodium comes to ₹787,636.77 today, worked out from the live per-gram rate of ₹25,323.11. There's no separate ounce benchmark being quoted here — it's the same underlying price, just expressed in the unit international refiners and dealers actually use.
- 1 gram: ₹25,323.11
- 1 troy ounce (31.1035g): ₹787,636.77
- 5 troy ounces: ₹3,938,183.83
- 10 troy ounces: ₹7,876,367.66
Gold, silver, and platinum all get quoted per ounce internationally too, so rhodium simply follows the same convention rather than inventing its own. What's different is who actually uses that number — there's no ounce-denominated rhodium coin sitting in a jewellery showcase, since rhodium never built a retail bullion market the way gold did.
Rhodium Price by Weight: Gram to Ounce and Beyond
Today's Rhodium rate is Twenty Five Thousand Three Hundred and Twenty Three Rupees per gram. At this rate, 10 grams of Rhodium costs Two Lakh Fifty Three Thousand Two Hundred and Thirty One Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹25,323.11 | Twenty Five Thousand Three Hundred and Twenty Three Rupees |
| 8 Grams | 8.0000 g | ₹202,584.88 | Two Lakh Two Thousand Five Hundred and Eighty Five Rupees |
| 10 Grams | 10.0000 g | ₹253,231.10 | Two Lakh Fifty Three Thousand Two Hundred and Thirty One Rupees |
| 100 Grams | 100.0000 g | ₹2,532,311.01 | Twenty Five Lakh Thirty Two Thousand Three Hundred and Eleven Rupees |
| 1 Kilogram | 1,000.0000 g | ₹25,323,110.06 | Two Crore Fifty Three Lakh Twenty Three Thousand One Hundred and Ten Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹717,897.51 | Seven Lakh Seventeen Thousand Eight Hundred and Ninety Eight Rupees |
| 1 Troy Ounce | 31.1035 g | ₹787,637.35 | Seven Lakh Eighty Seven Thousand Six Hundred and Thirty Seven Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹25,323,110,063.00 | Two Thousand Five Hundred and Thirty Two Crore Thirty One Lakh Ten Thousand Sixty Three Rupees |
Why There's No Exchange Ticker for This Number
Ask where gold's ounce price comes from and you can point to MCX, COMEX, or the LBMA fix. Ask the same question about rhodium and the honest answer is different: there isn't a comparable major public futures exchange quoting it. Rhodium is thinly traded, and the international benchmark this page converts into rupees comes from dealer and refiner quotes — names like Johnson Matthey are typical sources in that world — rather than an open, exchange-traded contract.
What that means for the number on this page
It doesn't make the price any less real; it just means the price-discovery process looks different from gold's. Fewer participants, fewer trades, and a market that leans on refiner quotes rather than continuous exchange trading is part of why rhodium's price — per gram or per ounce, it makes no difference — tends to move in sharper steps than a deeply liquid market like gold's typically does.
Rhodium Price per Ounce — Last 10 Days
The most recent Rhodium price on record (2026-11-01) is Twenty Five Thousand Three Hundred and Twenty Three Rupees per gram. This is down by Five Rupees from the previous day's rate of ₹25,328.59.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-11-01 | ₹25,323.11 | -5.48 |
| 2026-10-31 | ₹25,328.59 | -5.50 |
| 2026-10-30 | ₹25,334.09 | -37.28 |
| 2026-10-29 | ₹25,371.36 | +32.52 |
| 2026-10-28 | ₹25,338.84 | +59.60 |
| 2026-10-27 | ₹25,279.24 | -249.90 |
| 2026-10-26 | ₹25,529.15 | +68.31 |
| 2026-10-25 | ₹25,460.84 | -26.01 |
| 2026-10-24 | ₹25,486.85 | +0.59 |
| 2026-10-23 | ₹25,486.26 | — |
Tracking the Ounce Price Over Time
If you're watching this figure regularly — as a recycler pricing scrap, a refiner settling a batch, or simply someone curious about PGM markets — the single most useful habit is comparing today's number against the trend, not against some remembered high or low. Rhodium's per-ounce price can move by a meaningful percentage in a single session, and reading too much into one day's figure in isolation tends to miss the bigger picture.
Real exposure to that ounce price, for most investors, doesn't come from holding physical rhodium at all — there's essentially no retail bullion market for it. It comes indirectly, through shares in the platinum-group-metal mining companies whose output includes rhodium as a byproduct of their platinum and palladium operations.
Rhodium Price per Ounce — FAQs
One troy ounce of rhodium works out to roughly ₹787,636.77 today (November 1, 2026), based on the live per-gram rate of ₹25,323.11 multiplied by 31.1034768 grams — the fixed definition of a troy ounce. This site tracks rhodium per gram by default because that's the more practical unit for the industrial buyers and refiners who actually check this rate.
Troy ounces are the international convention PGM dealers and refiners use, the same unit gold and platinum are quoted in worldwide. Rhodium never developed a separate retail unit system — there's no tola or karat equivalent for it — so it simply inherited the ounce convention that the rest of the international precious-metals trade already uses.
Not in the way gold has MCX or platinum has established international futures benchmarks. Rhodium is thinly traded and mostly priced through dealer and refiner quotes rather than a major public futures exchange. The per-ounce figure on this page reflects that dealer-quoted international benchmark, converted through the day's USD/INR rate, consistent with how the rest of this site prices internationally-benchmarked metals.
Exactly 31.1034768 grams — the troy ounce is a fixed, defined unit of measurement, not something that varies by metal. That conversion factor is what turns this page's live per-gram rhodium rate into the per-ounce figure shown above.
It moves by exactly the same percentage — converting between grams and ounces is just a multiplication, so a day where the per-gram rate swings sharply will show the identical swing in the per-ounce figure. Rhodium has a well-documented reputation for larger, faster price swings than gold, silver, platinum, or palladium, in either unit.
