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Rhodium
Rhodium (Rh) is non-radioactive and is the most expensive metal in the world. It is a rare member of the platinum group with a global annual demand of 32 tonnes.

The largest producers are South Africa, which produces most of the world’s 21 tonnes of Rhodium a year, and North America. In addition, South America and Canada produce Rhodium as a by-product of copper and nickel refining.

As a noble metal, it resists chemical reactions and is often used in platinum alloys to protect metals from oxidation at high temperatures. It is a hot commodity with prices trading higher due to an increase in demand. International trade is also an influence on the commodity’s availability and, therefore, its price.

The use of Rhodium in the automotive industry has maintained a high level of demand. It is used in jewelry to electroplate gold with an alloy metal such as nickel or palladium. Other uses include coating electrical contacts and the electrodes for spark plugs.

Price: $15450 per troy ounce

https://luxurycolumnist.com/most-expensive-metals-in-the-world/