Investors are increasingly turning their attention to emerging precious metals beyond the traditional gold and silver options. In May 2025, three lesser-known metals – rhodium, ruthenium, and iridium – are gaining traction for their industrial applications, limited supplies, and promising price outlooks.
Rhodium, a crucial component in automotive catalytic converters for emission control, continues to be in demand despite the rise of electric vehicles. Market forecasts suggest rhodium prices will fluctuate between $4,400 and $5,400 per ounce in 2025 due to a small market deficit and potential disruptions in supply.
Ruthenium, known for its durability and cost-effectiveness in electronics applications like chip resistors and electrical contacts, is projected to see its market value grow from USD 632.7 million in 2025 to USD 903.2 million by 2032, with prices expected to range between $425 and $575 per ounce in 2025.
Iridium, valued for its resistance to corrosion and high melting point, finds applications in spark plugs, semiconductor production, and chlorine production. Despite its scarcity, iridium’s demand is on the rise, with price forecasts ranging between $4,900 and $5,600 per ounce in 2025.
While gold and silver remain popular choices for investors, rhodium, ruthenium, and iridium offer unique opportunities for diversification. Their industrial uses, coupled with constrained supplies and favorable price forecasts, make them attractive options for those looking to expand their portfolios beyond traditional metals.
Sam Ralph, a financial writer and researcher with extensive market experience, highlights the potential of these emerging precious metals. With a focus on tracker funds and cryptocurrency, Ralph provides actionable insights to help investors navigate the markets confidently, simplifying complex financial topics for informed decision-making.
As the investment landscape evolves, exploring alternative assets like rhodium, ruthenium, and iridium can offer a fresh perspective on portfolio diversification. These metals, with their industrial relevance and limited availability, present compelling opportunities for investors seeking to broaden their investment horizons.
📰 Related Articles
- Investors Turn to Precious Metals ETFs Amid Inflation Concerns
- Investing in Copper: Diversify Beyond Gold for Growth Potential
- How to Invest in Palladium with Augusta Precious Metals: 2025 Gold IRA Guide
- Exploring Precious Metals Investment with U.S. Gold Bureau in 2025
- Exploring ASX-listed Precious Metals ETFs for Diversified Portfolios