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The Precious Metal Hidden in Our Cars - Worth 10 Times the Value of Gold

Published January 20, 2026, 10:28
The Precious Metal Hidden in Our Cars - Worth 10 Times the Value of Gold

The article focuses on rhodium, an extremely rare and valuable metal used in car catalytic converters. Rhodium is 100 times rarer than gold, and its price can be 10 to 20 times higher. Its scarcity is due to the fact that it is not mined as an autonomous ore, but is a byproduct of platinum and nickel mining, while the extraction and purification process is complex and time-consuming. Due to its high value, there has been an increase in catalytic converter thefts to recover the rhodium.