Tag: exchange-traded funds
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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…