Sell Platinum, Palladium & Rhodium – View 2026 Precious Metal Prices
Note: This article was updated on August 19, 2026 to reflect current precious metal prices and market conditions.
What Are Precious Metals?
Precious metals are rare, naturally occurring metallic elements that have high economic value due to their rarity, beauty, and various industrial applications. The most commonly recognized precious metals include gold, silver, platinum, palladium, and rhodium. These metals have been valued throughout history for their use in currency, jewelry, art, investment, and as a store of value.
The Most Valuable Precious Metals
While many metals have value, certain precious metals command higher prices and have more established markets for buying and selling. Here are the precious metals we buy at Express Gold Cash, their current values, and why they matter:
Gold & Silver
Everything knows about gold and silver, and of course we buy both. Today, we’re focusing on more unusual metals, so we’ll skip discussing these for now.
Platinum (Pt)
Platinum is a dense, silvery-white, corrosion-resistant metal that is often used in high-end jewelry, particularly for engagement rings and premium pieces. It is also vital in catalytic converters for automobiles and in various industrial processes. For these reasons, platinum can be quite valuable and can fetch significant cash when you sell it to Express Gold Cash.
The Science Behind Platinum
Platinum is relatively rare in the universe and is primarily formed in the aftermath of supernova explosions. During a supernova, the extreme conditions of temperature and pressure allow for the synthesis of heavy elements like platinum through rapid neutron capture processes (the “r-process”). These heavy elements are then dispersed into space, where they become incorporated into new stars and planetary systems.
Current Platinum Prices
Platinum Spot Price (August 2026): Approximately $1,900 per ounce
Express Gold Cash Offer: up to 98% of current market price for investment-grade platinum and up to 90% for jewelry and scrap pieces
Note: Prices fluctuate daily based on market conditions. Your actual offer will reflect the current spot price when received and evaluated.
Platinum prices traded in a relatively tight range between $850-$1,100/ounce for several years until 2025. Prices rose rapidly until the beginning of 2026, topping out over $2,700/oz. Prices have settled back down, but are still about double their trading range previous to 2025.
Items Made of Platinum
The platinum we purchase most commonly comes in the form of jewelry, particularly platinum rings. However, platinum appears in various other valuable forms:
- Platinum Jewelry: Platinum is highly valued in the jewelry industry due to its lustrous appearance, durability, and hypoallergenic properties. It is often used to make engagement rings, wedding bands, earrings, necklaces, and other high-end jewelry pieces.
- Catalytic Converters: Platinum is a crucial component in catalytic converters used in automobiles to convert harmful pollutants in exhaust gases into less harmful emissions. Platinum acts as a catalyst in chemical reactions that reduce carbon monoxide, hydrocarbons, and nitrogen oxides. We don’t buy catalytic converters themselves, but if you’ve extracted the platinum from them, we do buy the separated platinum.
- Electronics: Platinum is used in manufacturing electronic components such as sensors, electrodes, and contacts due to its excellent conductivity, resistance to corrosion, and stability at high temperatures. It appears in hard disk drives, dental equipment, and precision laboratory instruments.
- Medical Devices: Platinum is used in medical devices and implants, including pacemakers, catheters, and stents, due to its biocompatibility and resistance to corrosion. It is also used in certain chemotherapy drugs for cancer treatment.
- Laboratory Equipment: Platinum is used in laboratory equipment such as crucibles, evaporating dishes, and thermocouple wires due to its high melting point, resistance to corrosion, and inertness.
- Coins and Bullion: Platinum coins and bullion bars are produced by various mints worldwide for investment purposes. Express Gold Cash offers up to 98% of intrinsic value for all investment-grade bullion.
Like catalytic converters, we only buy the platinum that has been removed from parts and devices. We do not buy the devices and take them apart. So if you’d like to sell the platinum from one of these items, you’ll first need to isolate the platinum from the rest of the device.
Jewelry is easy to sell though! If you have platinum jewelry or materials you no longer need, selling them to Express Gold Cash can turn them into serious cash quickly. Our Express Gold kits make the process simple and secure.
Palladium (Pd)
Palladium is a relatively rare metal that shares similarities with platinum. It is used in catalytic converters, electronics, jewelry, and dental applications. In recent years, palladium has gained significant attention as an investment vehicle and has shown considerable price volatility, making it attractive to investors willing to take on more risk compared to gold, which tends to appeal to conservative investors.
Palladium Formation & Science
Like platinum, palladium is primarily formed through nucleosynthesis processes during supernova explosions. It is synthesized through rapid neutron capture reactions occurring in the explosive environment of a supernova. After ejection into space, palladium becomes part of interstellar clouds of gas and dust, which eventually give rise to new stars and planets. This element cannot be produced at home — it must be discovered and mined like all precious metals.
When you hear about space rocks floating around the universe worth trillions of dollars, it’s because they’re made of things like palladium.
Current Palladium Prices
Palladium Spot Price (August 2026): Approximately $1,350 per ounce
Express Gold Cash Offer: up to 98% of current market price for investment-grade palladium
Palladium prices have shown significant volatility. Your actual payout depends on current market conditions at time of evaluation.
While palladium prices have declined from their 2021-2022 peaks, it remains a valuable precious metal worth selling if you have unwanted palladium items or jewelry.
Prices dipped below $1,000/oz in 2024-2025, but have since risen over 30%. They are off their $2,000/oz spike in early 2026, but remain valuable and worth selling.
Items Made of Palladium
Palladium, like platinum, has unique properties that make it valuable in various industries. Many items contain trace amounts, while others hold higher concentrations that add up in value quickly:
- Catalytic Converters: Palladium is widely used in catalytic converters, particularly in gasoline-powered vehicles, helping reduce harmful emissions like carbon monoxide, hydrocarbons, and nitrogen oxides.
- Electronics: Palladium is used in capacitors, multi-layer ceramic capacitors (MLCCs), and connectors, valued for its excellent electrical conductivity and corrosion resistance.
- Jewelry: While less common than gold or platinum, palladium is gaining popularity for wedding bands, rings, and other jewelry pieces, valued for its white color, durability, and hypoallergenic properties.
- Dentistry: Palladium is used in dental alloys for crowns, bridges, and restorations due to its biocompatibility, corrosion resistance, and strength.
- Hydrogen Storage: Palladium can absorb large volumes of hydrogen gas, making it useful for hydrogen storage in fuel cells and hydrogen sensors.
- Water Treatment: Palladium-coated catalysts are used in water treatment systems to remove contaminants and pollutants, including organic compounds and heavy metals.
- Medicine: Palladium complexes are used in medical applications, including cancer therapy and diagnostic imaging, with palladium-based drugs being researched for targeted cancer treatments.
- Watchmaking: Palladium is occasionally used in high-end watchmaking for watch cases, dials, and components, valued for its strength, durability, and resistance to tarnishing.
- Coins and Bullion: Palladium investment-grade coins and bullion bars are sought by investors as a store of value and inflation hedge. Express Gold Cash pays up to 98% of intrinsic value for all precious metals bullion.
While palladium isn’t worth what it was a couple years ago, it can still get you significant cash if you have some to sell. We provide a risk-free, no-obligation evaluation process.
Rhodium (Rh)
Rhodium is a silvery-white metal that is highly reflective and resistant to corrosion. It is often used as a coating for jewelry and is a critical component in catalytic converters. Like other precious metals, rhodium is primarily formed through stellar nucleosynthesis during supernova explosions. Massive asteroids floating in space contain trillions of dollars in precious metals like rhodium.
Rhodium Investment History
If you’ve followed rhodium prices in recent years, you’ve been on quite a ride. While the “cash for gold” craze of the early 2000s made gold household knowledge, rhodium would have generated similar media buzz if it were half as popular – thanks to its skyrocketing prices in 2019 and 2020. However, recent years have been less kind to rhodium prices.
Current Rhodium Prices
Rhodium Spot Price (August 2026): Approximately $8,800 per ounce
Express Gold Cash Offer: up to 98% of current market price for investment-grade rhodium
Rhodium prices have stabilized recently after significant volatility. Current pricing is more predictable than historical highs.
While down from its 2021 peak above $29,800 per ounce, rhodium at $8,000+ per ounce is still valuable. It sat under $5,000/oz for a couple years before climbing back up in 2025. If you have a substantial amount of rhodium collecting dust, Express Gold Cash can pay quite a bit for it!
Items Made of Rhodium
While not as commonly used as gold or platinum, rhodium finds important applications in various industries:
- Jewelry Plating: Rhodium is frequently used as a plating material for jewelry, especially white gold and silver jewelry. It provides a reflective, shiny finish that enhances appearance and prevents tarnishing. Rhodium plating also provides a hypoallergenic barrier between wearer’s skin and underlying metal.
- Catalytic Converters: Rhodium is a crucial component in catalytic converters, along with platinum and palladium, helping reduce harmful emissions in vehicle exhaust gases.
- Electronics: Rhodium is used in electrical contacts and connectors due to its excellent conductivity and corrosion resistance. It appears in high-end audio equipment, telecommunications connectors, and aerospace applications.
- Medical Devices: Rhodium-coated materials are used in medical devices and implants due to biocompatibility and corrosion resistance. Rhodium-coated instruments are used in surgical procedures, and rhodium-plated stents treat narrowed arteries in cardiology.
- Plating for Silverware: Rhodium plating is applied to silverware and tableware to improve appearance and durability, providing a bright, reflective finish that resists tarnishing and wear.
- Aerospace Components: Rhodium is used in aerospace applications for resistance to high temperatures, corrosion, and wear. It appears in turbine blades, rocket thrusters, and sensor housings.
- Chemical Catalysts: Rhodium catalysts are used in chemical and petrochemical processes, including hydrogenation, hydroformylation, and oxidation reactions in pharmaceutical and plastic production.
With relatively few at-home uses, if you have rhodium items, you might as well sell them for cash you can use immediately.
Why Sell Your Precious Metals to Express Gold Cash?
Complete Precious Metals Buying Service
It’s not all about gold and silver. We also buy rare metals such as platinum, palladium, and rhodium – all readily available to consumers and commonly found in consumer and industrial products. It’s always a good idea to understand what your items are made of before selling them. If your old components are made of rare precious metals, they could be worth serious cash.
Our Process
Selling precious metals to Express Gold Cash is simple:
- Request an Express Gold Kit: Request your free express gold kit with prepaid, insured shipping
- Pack Your Metals: Safely pack your precious metals using our provided materials
- Ship Securely: Drop your package at any FedEx location — fully insured throughout transit
- Get Evaluated: Our experts evaluate and assess your metals based on current market prices
- Receive Payment: Accept our offer and get paid within 24 hours, or we return your items at no cost
Why Express Gold Cash?
- Up to 98% of spot price for investment-grade precious metals
- Up to 90% of the refined value of non-investment-grade items
- No hidden fees or deductions
- Fully insured kits with prepaid shipping
- Fast evaluation and payment processing
- Complete satisfaction guarantee — if you don’t accept our offer, we return your metals at no cost
- Risk-free, no-obligation evaluation
Ready to Sell Your Precious Metals?
If you think you have something made of precious metals, contact our team or mail in your items using our express gold kit. It’s a fast, secure, and hassle-free way to convert your unwanted precious metals into cash. Request Your Express Gold Kit Now
