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Rhodium Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
The Short Answer: Two Forces, Both Narrow
Rhodium trades at ₹26,198.49 per gram today, and understanding why requires looking at two things: what rhodium is used for, and where it comes from. Both turn out to be unusually concentrated compared with almost any other metal this site tracks.
On the demand side, it's catalytic converters — both gasoline and diesel — where rhodium helps cut nitrogen oxide emissions. That's genuinely rhodium's dominant, near-exclusive major use. Platinum and palladium each have other real applications that spread their demand risk around; rhodium mostly doesn't.
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 |
The Supply Side Is Even More Constrained
Rhodium is almost always produced as a byproduct of platinum and palladium mining, not mined as a target on its own. That single fact explains a lot of what otherwise looks like strange market behaviour. A mining company doesn't decide to produce more rhodium because rhodium demand is strong — it decides how much platinum and palladium to mine, and rhodium output simply follows.
South Africa carries most of the weight
Production is concentrated overwhelmingly in South Africa, with Russia as a smaller secondary source — the same two countries that dominate platinum and palladium output generally. That geographic concentration means labour disputes, power shortages, or operational issues at major South African mines can tighten rhodium supply meaningfully, with no other major producing region positioned to fill the gap quickly.
Rhodium Price — 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 | — |
Smaller but Real Factors Worth Knowing
Autocatalyst recycling — recovering rhodium from scrapped catalytic converters — is a genuine secondary supply source alongside newly mined metal, and shifts in recycling volumes or economics can nudge the overall supply picture. Currency also plays its usual role: because rhodium's price on this site converts an international benchmark through the day's USD/INR rate, a rupee move can shift the local price even when the underlying dollar benchmark barely changes.
Put together, rhodium's price mostly comes down to a simple question: is catalytic-converter demand tightening or loosening, and is South African/Russian byproduct supply keeping pace? Almost everything else is noise around that core relationship.
What Affects Rhodium Price — FAQs
Catalytic-converter demand is the dominant one. Rhodium's near-exclusive major use is reducing nitrogen oxide emissions inside gasoline and diesel catalytic converters, so global auto production volumes and emissions regulations feed almost directly into rhodium demand, with no other major use to offset a swing either way.
Rhodium production is concentrated overwhelmingly in South Africa, with Russia as a smaller secondary source. Because rhodium comes out as a byproduct of platinum and palladium mining rather than being mined for its own sake, any disruption to South African PGM operations — labour issues, power supply problems, a mine closure — can tighten rhodium supply sharply, since there's no other major producing region to fill the gap.
This is the part people often miss. Mining companies decide how much to produce based mainly on platinum and palladium economics, since that's what the mine's business case is built around. Rhodium output simply follows along as a byproduct, so a decision to scale back platinum or palladium mining — because those prices are weak, say — can shrink rhodium supply even if rhodium demand itself is strong.
Yes, it is a real secondary supply source. Rhodium recovered from scrapped catalytic converters adds to the metal available in the market alongside newly mined supply, and shifts in scrap-vehicle volumes or recycling economics can meaningfully affect how tight or loose the overall rhodium market feels.
Yes. Like every internationally-priced metal on this site, rhodium's rupee value reflects both the international dealer benchmark and the day's USD/INR exchange rate. A weaker rupee can push the INR price up even on a day the underlying rhodium benchmark barely moves, and vice versa.
