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Indium Price Today
Last updated: April 30, 2026 at 10:00 AM EDT ET · Source: COMEX / LBMA
Calculate Indium Value
1 Grams (g) of Indium
$18.66
Spot price: $580.492/oz
Rate: 1 USD = 1 USD
Approximate value - excludes taxes, premiums
Exchange rates are indicative. Actual buy/sell prices include dealer premiums. Not financial advice.
Price by Weight
| Unit | USD Price |
|---|---|
| Troy Ounce (oz t) | $580.49 |
| Gram (g) | $18.66 |
| Kilogram (kg) | $18,663.23 |
| Tola (10g) | $186.63 |
| Pennyweight (dwt) | $29.02 |
Price by Currency (per troy oz)
| Currency | Price |
|---|---|
| 🇺🇸USD | $580.49 |
| 🇨🇦CAD | CA$789.47 |
| 🇪🇺EUR | €534.05 |
| 🇬🇧GBP | £458.59 |
| 🇦🇺AUD | A$893.96 |
| 🇨🇭CHF | Fr522.44 |
| 🇯🇵JPY | ¥89,106 |
| 🇮🇳INR | ₹48,413 |
Exchange rates are approximate. Source: COMEX / LBMA
About Indium
Indium is a soft, silvery metal that plays a quietly critical role in the screens we stare at every day. The vast majority of indium — approximately 75-80% — is used to produce indium tin oxide (ITO), a transparent conductive coating applied to LCD displays, touchscreens, smartphones, tablets, flat-panel televisions, and computer monitors. Without ITO, modern touchscreens as we know them would not exist.
Beyond displays, indium is used in thin-film photovoltaic solar cells (CIGS — copper indium gallium selenide), which offer high efficiency in flexible and building-integrated solar applications. Indium is also used in solders, semiconductors, and specialty alloys with very low melting points, as well as in infrared detectors and night-vision equipment.
Indium is produced exclusively as a byproduct of zinc smelting — it does not occur in economically mineable concentrations on its own. This means indium supply is fundamentally tied to zinc production levels, not to indium price signals. China is the dominant producer, followed by South Korea and Japan. This supply structure makes indium vulnerable to zinc market downturns and geopolitical concentration risk.
The rise of OLED displays — which do not require ITO — represents the most significant long-term substitution risk for indium. OLED screens are increasingly used in premium smartphones and TVs, and use far less indium than LCD panels. However, LCD technology continues to dominate in monitors, laptops, and budget TVs, sustaining indium demand. Rising solar deployment provides an offsetting demand driver. Indium is priced in USD per kilogram in specialist markets.
Frequently Asked Questions
What is indium used for?
About 75-80% of indium goes into indium tin oxide (ITO), a transparent conductive coating used in LCD displays and touchscreens. Other applications include CIGS thin-film solar panels, specialty solders, infrared detectors, semiconductors, and low-melting-point alloys used in safety devices.
What is ITO and why does it need indium?
Indium tin oxide (ITO) is a transparent electrical conductor deposited as a thin film on glass or plastic. Its unique combination of optical transparency and electrical conductivity makes it ideal for LCD touchscreens — it allows both light transmission and the electrical signals that register finger touches. No other material has matched ITO's cost-performance profile for large-scale LCD production.
Where does indium come from?
Indium is produced exclusively as a byproduct of zinc smelting. It does not occur in concentrations worth mining on its own. China dominates production (roughly 60%), with South Korea, Japan, Canada, and Belgium accounting for most of the remainder. This byproduct nature means indium supply cannot easily scale to meet demand — it is limited by zinc production capacity.
What drives indium prices?
Key price drivers include: global LCD panel production volumes, flat-panel TV and monitor demand, smartphone shipments, zinc market conditions (since indium is a byproduct), OLED adoption rates (which reduce LCD/ITO demand), and CIGS solar deployment. Chinese production policy and export controls on byproduct metals also influence pricing.
Will OLED screens replace LCD and reduce indium demand?
OLED displays do not use ITO and require little to no indium. As OLED penetration grows in smartphones and TVs, it does reduce indium intensity per display. However, LCD remains dominant in monitors, laptops, and commercial displays, and CIGS solar demand is growing. The net effect on indium demand is currently roughly neutral, with substitution in displays partially offset by solar growth.