Iridium isn't traded on a bourse or through exchange-traded funds, retail buyers are limited to ingots from a handful of dealers and the few major investors dealing in it go straight to producers.27-Mar-2021
What is the value of iridium?
Iridium Price
| Year | Price | Price (Inflation Adjusted) |
|---|---|---|
| 2018 | $970.00 | $970.00 |
| 2017 | $698.07 | $714.82 |
| 2016 | $575.06 | $602.41 |
| 2015 | $543.31 | $582.24 |
How much does iridium cost per ounce?
At $2,550 per troy ounce, iridium is more valuable than gold, silver, or platinum.
Is iridium the rarest metal?
Iridium, one of the rarest precious metals and mined as a byproduct of platinum and palladium, has surged 131% since the start of January, far beating Bitcoin's 85% gain. It has rallied on supply disruptions in the past year and rising demand for use in electronic screens, refiner Heraeus Group said.
What is the cost of iridium in India?
Iridium Metal Powder at Rs 7500/gram | Metal Powder | ID: 8712194988.
Is iridium costly than gold?
Iridium, which is also used in spark plugs, has climbed to $6,000 an ounce, according to Johnson Matthey Plc data. That makes it more than three times more expensive than gold.
What is the demand for iridium?
Iridium is a platinum-group metal. In 2020, the global demand for iridium amounted to around 237,000 ounces, a decrease compared with the previous year. This figure is expected to increase in 2021, reaching approximately 267,000 ounces.
What is the price of iridium in 2021?
Monthly prices for iridium worldwide 2020-2021 The average annual price for iridium in 2020 was 2,550 U.S. dollars per troy ounce. The price of iridium dramatically increased in March 2021, to 6,000 U.S. dollars per troy ounce as a result of supply shortages combined with its prospective use to produce green hydrogen.
Where can iridium be found?
Iridium generally is produced commercially along with the other platinum metals as a by-product of nickel or copper production. Iridium-containing ores are found in South Africa and Alaska, U.S., as well as in Myanmar (Burma), Brazil, Russia, and Australia.