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.
Iridium is a transition metal and a platinum group metal. It is one of the most corrosion-resistant metals and is also one of the rarest elements in the Earth's crust.
Average monthly iridium price worldwide from March 2020 to March 2021
(in U.S. dollars per troy ounce)
Characteristic
Price in U.S. dollars per troy ounce
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Price data are monthly averages of daily selling prices for wholesale quantities of iridium set by trading desks in the London (morning fixing) based on market offer prices. The price refers to iridium metal in sponge form with minimal purity of 99.9 percent.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Quandl. (April 19, 2021). Average monthly iridium price worldwide from March 2020 to March 2021 (in U.S. dollars per troy ounce) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1229812/iridium-price-monthly/
Quandl. "Average monthly iridium price worldwide from March 2020 to March 2021 (in U.S. dollars per troy ounce)." Chart. April 19, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1229812/iridium-price-monthly/
Quandl. (2021). Average monthly iridium price worldwide from March 2020 to March 2021 (in U.S. dollars per troy ounce). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1229812/iridium-price-monthly/
Quandl. "Average Monthly Iridium Price Worldwide from March 2020 to March 2021 (in U.S. Dollars per Troy Ounce)." Statista, Statista Inc., 19 Apr 2021, https://www.statista.com/statistics/1229812/iridium-price-monthly/
Quandl, Average monthly iridium price worldwide from March 2020 to March 2021 (in U.S. dollars per troy ounce) Statista, https://www.statista.com/statistics/1229812/iridium-price-monthly/ (last visited August 25, 2024)
Average monthly iridium price worldwide from March 2020 to March 2021 (in U.S. dollars per troy ounce) [Graph], Quandl, April 19, 2021. [Online]. Available: https://www.statista.com/statistics/1229812/iridium-price-monthly/