Rhodium Prices

15-04-2026 - Over the past month, the price of rhodium has experienced a significant decline, falling from $11,500 per ounce to $9,950 per ounce. This drop highlights a downward trend in the raw material market, suggesting possible changes in supply-demand dynamics or broader economic influences impacting rhodium's valuation. The forecast anticipates a further decrease in rhodium prices to $9,675 per ounce from the current $9,950 per ounce, representing a 2.8% decline. This trend poses a moderate risk for stakeholders in the raw material sector.

The current forecast indicates a downward price trajectory for rhodium, primarily influenced by technical data, which has a negative impact of $225 per ounce. Although demand data suggests upward pressure, the combined effects of flows and technical data point towards a decline.

As of April 10, 2026, rhodium was trading at $10,200 per troy ounce, marking an 11.3% decrease over the past month. Trading Economics projects rhodium to reach $10,398.29 by the end of this quarter, with an estimate of $11,109.84 in 12 months. This forecast suggests a slight increase in the near term, which contrasts with the forecast's prediction of a decline to $9,675 per ounce. Consequently, there is a divergence in opinions from external sources regarding the rhodium market's outlook for the coming month.