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Average ruthenium price worldwide from 2013 to 2023 (in U.S. dollars per troy ounce)

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Sources

Release date

February 2025

Region

Worldwide

Survey time period

2013 to 2023

Special properties

Price data are annual averages of daily Engelhard unfabricated quotations published in Platts Metals Daily.

Supplementary notes

This statistic was assembled using several editions of the report.
*Revised.

Citation formats

Global ruthenium price 2013-2023

Published by
Doris Dokua Sasu,
Apr 1, 2025

The average global price of ruthenium in 2023 was * U.S. dollars per troy ounce, a decrease of about ** percent in comparison to the previous year. Ruthenium is a rare transition metal and a platinum group metal. It is primarily used in wear-resistant electrical contacts and thick-film resistors, and to a lesser extent as a chemical catalyst and a platinum alloy. Ruthenium has the lowest price among all platinum group metals.

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