It is the current market value of one troy ounce of rhodium expressed in Canadian dollars, derived from over-the-counter dealer pricing and the prevailing USD/CAD exchange rate, updated through the trading day.
What is the rhodium price per ounce in Canadian dollars?
The per-ounce figure converts the world rhodium price into CAD. Because rhodium trades in a dealer market rather than on an exchange, quotes are indicative, and the bid-ask spread is wider than for gold or silver.
Why is the rhodium price in Canada different from the U.S. rhodium price?
The metal itself is priced globally in U.S. dollars; the Canadian figure differs only by the currency conversion, so moves in the loonie show up directly in the CAD rhodium price.
How often does Kitco update the rhodium price in CAD?
Kitco refreshes rhodium quotes throughout market hours from its dealer-market data. Rhodium updates can be less frequent than exchange-traded metals because the market is far smaller and less liquid.
Can I view historical rhodium prices in CAD?
Yes — use the chart timeframes and historical tools on this page. Rhodium’s history is notable for extreme cycles, including the 2021 spike when it briefly traded above the price of gold, platinum and palladium combined per ounce.
How much is 1 oz of rhodium right now?
One troy ounce of rhodium is C$12,105.50 in Canadian dollars, the same live quote shown above. Rhodium has no exchange-traded futures market — it trades dealer-to-dealer, so quotes are indicative and spreads are wider than for gold or silver.
What is the price of 1 g of rhodium?
One gram of rhodium is C$389.20 in Canadian dollars, and ten grams is C$3,892.01. Rhodium is most often encountered as a thin plating over white gold or silver jewellery rather than as a solid item, so a plated piece contains very little of it.
What is the highest price of rhodium ever recorded?
Rhodium’s best-known peak came in 2021, when it briefly traded above the combined per-ounce price of gold, platinum and palladium. The historical performance table on this page shows how the current CAD price compares with closes going back fifteen years.
Why is rhodium so much more volatile than other precious metals?
Supply is a small by-product stream of platinum and nickel mining that cannot expand quickly, and demand is concentrated in one application — three-way catalytic converters, where rhodium is uniquely effective at breaking down nitrogen oxides. A small, inelastically supplied market moves sharply when either side shifts.
Is rhodium used in jewellery?
Almost always as a plating rather than a solid metal. Rhodium plating gives white gold and silver their bright, hard, scratch-resistant finish. Solid rhodium jewellery is extremely rare.
