Iridium Price Chart: Live and Historical Prices

How This Iridium Price Chart Works#

This chart plots the daily close of a dealer quote for iridium supplied by our data vendor, Metals-API, in US dollars per gram, not a continuously traded bid and ask, because no exchange or benchmark administrator covers iridium. The vendor does not name the quoting dealer, and the quote is not the Johnson Matthey Base Price. For iridium's full price today across every quoted region, see iridium price today. A timeframe toggle bar lets a reader move between shorter and longer views, opening on 1Y, listed below.

• 1W and 1M: the week's and month's daily closes; there is no 1D view, since the quote changes only a few times a day.
• 6M, 1Y and 5Y: medium-term views for comparing against a supply contract.
• All: the whole series, which starts in August 2021; there is no 10Y view.

Why Iridium Has No Exchange or Spot Price#

No exchange, benchmark administrator or regulated auction quotes iridium; every published figure is a producer's base price or a named refiner's quoted assessment, not a market-clearing trade. NYMEX lists futures contracts for platinum and palladium only, and the CFTC's Commitments of Traders report for NYMEX carries no iridium line at all (CFTC, 28 July 2026). Kitco, which quotes an indicative spot for platinum, palladium and rhodium, does not quote iridium, so this chart never uses the word "spot" for it.

The Johnson Matthey Base Price for Iridium#

Johnson Matthey publishes an Iridium Base Price four times each business day, at 08:30 and 14:30 Hong Kong time, 09:00 London and 09:30 US Eastern, in US dollars per troy ounce for iridium sponge, and it is the reference most reports cite in place of an exchange price. Two named refiners publish secondary series: Umicore quoted its Iridium Sales Price Fabricated at EUR 252,400 per kilogram on 24 September 2026, a fabricated-product price with a manufacturing margin over raw metal, and Heraeus publishes its own interactive iridium price chart. Iridium and ruthenium remain the thinnest-covered PGMs, with only two or three refiner quotes and no public volume series.

Iridium Historical Price Data#

Iridium's all-time high is $8,000 per troy ounce, reached in March 2026, the same level also standing as the record on an inflation-adjusted basis, according to Wikipedia's iridium price table. Its all-time low is $93.02 per troy ounce, set in 2003 on the same annual-average series.

Two different 2025 averages exist because they sample different quote sets, not because either is wrong: Heraeus's Precious Forecast 2026 puts the year at $4,945 per troy ounce (high $5,150, low $4,750), while the USGS Mineral Commodity Summaries 2026 puts it near $4,400, down 9% year on year. DailyPlatinum states both rather than picking one.

What Moves the Iridium Price#

Four factors move the iridium price: South African primary supply, PEM electrolyser demand, the metal's small market size and the off-schedule resets Johnson Matthey makes.

• South African primary supply: South Africa supplies more than 80% of world primary iridium, southern Africa as a whole up to about 95% (IPA/SFA, 2026; Johnson Matthey, 2022), so output from one country moves the global total.
• PEM electrolyser demand: iridium oxide is the principal catalyst at a PEM water electrolyser's anode, used today at about 400 kg per gigawatt, a loading WPIC expects to fall toward 80 kg/GW by 2030 (US Department of Energy, 2022; WPIC, 2023). That is not yet a binding constraint on hydrogen build-out.
• Small market size: world iridium output runs to roughly 6.8 to 8.2 tonnes a year against about 190 tonnes of platinum, so one buyer or seller moves the price further than the same order would move platinum's (Wikipedia, Iridium).
• Base price resets: Johnson Matthey adjusts its Iridium Base Price between its four scheduled settings when markets move sharply.

Iridium's demand and supply sit inside the wider iridium market; the broader set of platinum group metal drivers is on what drives the platinum price.

Iridium Price by Unit#

Iridium converts between the gram, the troy ounce and the kilogram at 31.1034768 grams per troy ounce, the same fixed factor used for every platinum group metal. The table below lists the iridium price for four common weights, each cell sourced to the live widget.

The gram is the unit this chart quotes, because iridium, unlike platinum, is not traded as retail bullion in troy-ounce bars and coins. Other weights convert with the same factors in the troy ounce converter, and two dedicated pages track the weights buyers ask for most: iridium price per gram today and iridium price per kilogram today.

Iridium vs Gold and Other PGMs#

Compared with gold on the same USD basis, iridium moves on its own supply and demand drivers, not a fixed ratio to gold. Today iridium trades at 197.1%% of the gold price, $262.03 against $132.96 per gram. What separates iridium from gold, and from its sibling PGMs, is which price mechanism actually covers it, set out below.

Source: Johnson Matthey PGM management FAQs; CFTC Commitments of Traders, NYMEX; LBMA/IBA Benchmark Statement; Kitco, as compiled 6 August 2026.

Iridium and osmium share the distinction of carrying no exchange or benchmark price at all; their physical properties settle a different debate, on osmium vs iridium. Against platinum specifically, the gap runs through this same table: iridium has no futures contract and no auction where platinum has both, a difference covered in full on iridium vs platinum.

Iridium Price History and Forecast#

The events behind iridium's biggest moves, including the 2021 hydrogen-demand cycle and the March 2026 record, are told in full on iridium price history, with the named analyst outlooks behind any forecast on iridium price forecast.

Other PGM Price Charts#

DailyPlatinum publishes a live chart for each of the six PGMs, listed below.

• Platinum price chart
• Palladium price chart
• Rhodium price chart
• Ruthenium price chart
• Osmium price chart

Buying, Selling and Tracking Iridium#

Iridium has no retail bullion market, so buying, selling and tracking it run through industrial contracts, refiners and scrap, not dealers of bars and coins. Iridium investment covers the metal's own supply routes, and sellers of iridium-bearing scrap or spent catalyst get quotes through scrap platinum, palladium and rhodium, which also handles the minor PGMs. Industrial buyers source iridium powder, iridium sponge, iridium black, iridium wire, iridium foil, iridium gauze and iridium crucibles, and traders in South Asia also track iridium price in India today and iridium price in Pakistan today.

Iridium Price Chart FAQ#

How much is 1 lb of iridium worth?#

One avoirdupois pound of iridium (453.592 grams, 14.5833 troy ounces) is worth 453.592 times this chart's live per gram figure of $262.03, or equivalently 14.5833 times the per troy ounce figure of $8,150.00.

Which precious metal is the best to buy right now?#

DailyPlatinum gives no investment advice. Iridium's own trade routes, industrial supply contracts and refiner or scrap sales, are compared on iridium investment, unlike platinum, palladium and rhodium, which also trade as retail bars, coins and ETFs.

What is the current price of iridium per ounce?#

Iridium's current price is $8,150.00 per troy ounce on the dealer quote, as of 5 Oct 2026, 15:30 UTC.