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Bullion Index – Precious Metals

Tag: autocatalyst

  • Rhodium’s Scarcity and Investment Challenges Amid Auto Industry Demand

    Rhodium’s Scarcity and Investment Challenges Amid Auto Industry Demand

    Rhodium, a rare and valuable metal, plays a crucial role in various industries, particularly the global auto sector. As part of the platinum group metals, rhodium is essential for catalytic converters in automobiles, converting harmful gases into less toxic substances. With over 80% of rhodium demand stemming from autocatalyst manufacturing, the metal’s scarcity and limited…

  • Rhodium Market Faces Challenges Despite Rising Demand and Limited Supply

    Rhodium, a key metal in the global auto industry, is part of the platinum group metals, with unique properties making it essential for various applications including catalytic converters. Its demand is primarily driven by autocatalyst manufacturing, accounting for over 80% of the global demand. Despite being over 100 times rarer than gold, rhodium prices have…