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Ruthenium Price Today
Last updated: April 30, 2026 at 10:00 AM EDT ET · Source: COMEX / LBMA
Calculate Ruthenium Value
1 Grams (g) of Ruthenium
$15.11
Spot price: $470.00/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) | $470.00 |
| Gram (g) | $15.11 |
| Kilogram (kg) | $15,110.84 |
| Tola (10g) | $151.11 |
| Pennyweight (dwt) | $23.50 |
Price by Currency (per troy oz)
| Currency | Price |
|---|---|
| 🇺🇸USD | $470.00 |
| 🇨🇦CAD | CA$639.20 |
| 🇪🇺EUR | €432.40 |
| 🇬🇧GBP | £371.30 |
| 🇦🇺AUD | A$723.80 |
| 🇨🇭CHF | Fr423.00 |
| 🇯🇵JPY | ¥72,145 |
| 🇮🇳INR | ₹39,198 |
Exchange rates are approximate. Source: COMEX / LBMA
About Ruthenium
Ruthenium is one of the rarest platinum group metals (PGMs), produced primarily as a byproduct of platinum and palladium mining in South Africa and Russia. Despite its scarcity, ruthenium plays a critical role in modern technology. It is widely used in hard disk drive read/write heads as a thin coating that dramatically improves data storage density. Ruthenium is also used in electrical contacts, thick-film resistors, and solar cells. In recent years, ruthenium has attracted significant interest as a catalyst for green ammonia production — a key step in sustainable fertilizer manufacturing and hydrogen storage. The ruthenium market is thinly traded compared to gold or platinum, making prices highly sensitive to changes in supply or demand from a small number of industrial buyers.
Frequently Asked Questions
What is ruthenium used for?
Ruthenium is primarily used in hard disk drives (as a thin coating that improves magnetic recording), electrical contacts, thick-film resistors, and as a catalyst in chemical processes including green ammonia production.
Why is ruthenium valuable?
Ruthenium is extremely rare — global annual production is only about 35-40 metric tons, compared to hundreds of tons for gold. Its unique properties as a hard, corrosion-resistant metal with excellent electrical characteristics make it irreplaceable in certain applications.
Where is ruthenium mined?
Ruthenium is primarily obtained as a byproduct of platinum and nickel refining. South Africa produces the majority of global supply, followed by Russia, Zimbabwe, and Canada.
How does ruthenium price compare to gold?
Ruthenium is significantly cheaper than gold on a per-ounce basis, typically trading at $400-600/oz compared to gold's $4,000+/oz. However, supply is very limited and the market is thin.
Is ruthenium related to the energy transition?
Yes — ruthenium is a promising catalyst for green hydrogen and ammonia production, which are key components of the clean energy transition. Increased investment in these technologies could drive significantly higher ruthenium demand.