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Date Posted: 20:59:02 1/13/23 Fri
Author: Jasper
Subject: Rhodium

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Historically, the price is very volatile. In 2007 the metal was about 8 times more valuable than gold, 450 times more than silver, and an astounding 27,250 times more than copper in terms of per troy ounce. At some point in 2008 its price even reached over $10,000 per ounce. These prices, however, declined during the global financial crisis that started during this time.

As of March 9, 2016, the price stands at about $685 per troy ounce. It’s still relatively expensive because it is very rare. It is 100 times rarer than gold and more than 150 times rarer than silver.

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